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BPCL enters into MoU for selling its lubricants at IGL Gas Stations

03 Apr 2014 Evaluate

Bharat Petroleum Corporation (BPCL) has entered into a memorandum of understanding (MoU) with Indraprastha Gas (IGL) for selling its lubricants at IGL Gas Stations across Delhi and adjoining towns. IGL currently has a network of 115 CNG Stations across Delhi/NCR and lakhs of customers visit these outlets every day.

The agreement is initially valid for a period of 5 years. BPCL is looking to sell 100 tonnes of lubricants through IGL network in 2014-15.

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.

BPCL Share Price

315.95 3.90 (1.25%)
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Reliance Industries 1369.90
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