Govt considers selling part of Bharat Petroleum !

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Centre is considering inviting bids for a 20%-25% stake in Bharat Petroleum Corp Ltd (BPCL), instead of selling its entire 52.98% holding, Reuters reported quoting government officials. The officials added that the discussions about the plan were in the early stages. Initially, the government had aimed to raise $8-$10 billion from selling its full stake in BPCL.

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