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Latest Articles in bpcl

BPCL Sells 54.16% Stake In NRL To OIL; 4.4% To EIL

BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina.

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Progress On BPCL Privatisation Multiple Steps Remains: Fitch

The government is selling its entire 53.98 per cent stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL). Three firms, including Vedanta Ltd, have evinced interest in buying the stake.

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BPCL Stocks Soar Over 6 % After Board Approves Stake Sale In Numaligarh Refinery

A consortium of Oil India Ltd, Engineers India Ltd, and the government of Assam expressed interest in buying the stake and the BPCL board on Monday approved the sale.

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SBI Card, BPCL Jointly Launch Credit Card Offering Benefits To High Fuel Spending Customers

Card holders can avail the benefit from over 17,000 BPCL fuel stations across the country, and there will be no minimum transaction threshold for fuel spends, enabling customers to save with every transaction

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LPG Subsidy For BPCL Consumers To Continue Post-Privatisation: Pradhan

BPCL operates four refineries in Mumbai (Maharashtra), Kochi (Kerala), Bina (Madhya Pradesh), and Numaligarh (Assam) with a combined capacity of 38.3 million tonnes per annum, which is 15.3 per cent of India's total refining capacity of 249.8 million tonnes.

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Vedanta Says Interested In Buying Government's Stake In BPCL

India's government, which is looking to finance welfare schemes and bridge a fiscal deficit that has already topped the annual target, had aimed to raise $8 billion to $10 billion through the sale of its stake in BPCL.

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India Extends Deadline For Initial Bids To Buy State-Owned BPCL

In view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19 pandemic, the last date for submission of EoIs (Expression of Interest) is further extended to 16th November,

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Rosneft, Aramco Unlikely To Bid For BPCL Stake

India's government, which is looking to finance welfare schemes and bridge a fiscal deficit that has already topped the annual target, had aimed to raise $8 billion to $10 billion through the sale of its stake in BPCL.

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BPCL Sale May Be Delayed Until Next Fiscal Year, Worsening Federal Deficit Woes

India's economy contracting by a record 23.9% in the June quarter due to COVID-19, a delayed sale of BPCL could hinder the government's ability to generate funds for stimulus efforts aimed at restoring growth.

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K. Padmakar Director (HR) takes additional charge as CMD, BPCL

K. Padmakar Director (HR) takes additional charge as CMD, BPCL

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D. Rajkumar CMD, BPCL superannuates

D. Rajkumar CMD, BPCL superannuates

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BPCL Director (Refineries) R Ramachandran superannuates

BPCL Director (Refineries) R Ramachandran superannuates

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BPCL Sees Gasoline, Diesel Demand Returning To Pre-Covid Levels In July

Diesel sales by Indian state-run fuel retailers in May were down about 31%, while gasoline sales dropped by 36%.

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Russia's Rosneft Keen To Bid For BPCL

Rosneft, which is the majority owner of India's second-biggest private oil refinery, is keen to expand in the world's third-largest and the fastest-growing energy market.

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Govt To Come Out With EoI For BPCL Divestment In Next Few Days

The government currently holds 53.29 per cent stake in the company, and at prevailing market prices the share sale would fetch about Rs 60,000 crore to the government.

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