Govt may complete BPCL stake sale by the first half of next financial year
Updated : February 22, 2020 11:12 AM IST
As of now the Cabinet approval is only for keeping Assam-based Numaligarh Refinery Ltd out of the divestment.
The government plans to sell its entire 52.98 percent stake in Bharat Petroleum Corporation to a private investor.
As an indication with BPCL's share price range, the government expects to get about Rs 60,000 crore from selling its stake in the refiner.