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Government calling off present EoI process for strategic disinvestment of BPCL

07 Jun 2022 Evaluate

Government of India has advised to call off the present EoI process for strategic disinvestment of Bharat Petroleum Corporation (BPCL) and accordingly, all the activities in connection with the disinvestment including the data room are being discontinued.

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.

Peers
Company Name CMP
Reliance Industries 1236.00
Indian Oil Corpn. 132.20
Bharat PetroleumCorp 299.00
HPCL 345.15
MRPL 166.95
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