BPCL's stake sale is part of the govt's disinvestment target of Rs 1.05 lakh crore, which also includes divestment of other state-owned companies such as Shipping Corp of India (SCI), THDC India Ltd and NE Electric Power Corp Ltd, and a 30% stake sale in Container Corp of India. Ind-Ra said it would also assess the ability of the OMCs to maintain pricing freedom.
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Tuesday, November 5, 2019
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BPCL privatisation could result in reassessment of govt-oil cos linkages: Ind-Ra
BPCL privatisation could result in reassessment of govt-oil cos linkages: Ind-Ra
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