Bharat Petroleum Corporation’s (BPCL) board has accorded its 'in principle' approval for merger of Bharat Gas Resources (a wholly owned subsidiary of BPCL) with BPCL subject to the approval of the competent authorities and completion of Regulatory and other requirements. BGRL is engaged in the business of Natural Gas. The Board of Directors of the company at the meeting held on December 17, 2020 has accorded its approval for the same.
BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.
