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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.
Govt may complete BPCL stake sale by the first half of next financial year

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