India Will Not Extend Deadline For BPCL Bids – Sources

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    India Will Not Extend Due Date For BPCL Bids – Sources

    India Will Not Extend Deadline For BPCL Bids - Sources

    The Indian federal government has actually gotten a “adequate and excellent reaction” regarding the privatisation of state refiner Bharat Petroleum Corp Ltd and will not extend the deadline for private companies sending preliminary bids, 2 sources said on Monday.

    • Reuters
    • Last Updated: November 16, 2020, 18: 27 IST
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    NEW DELHI: The Indian government has actually gotten a “enough and great reaction” regarding the privatisation of state refiner Bharat Petroleum Corp Ltd and will not extend the due date for private firms submitting initial quotes, two sources said on Monday.

    The federal government had actually extended the due date for quotes for BPCL, among India’s most rewarding state-owned companies, as the pandemic delayed the process that was at first anticipated to be completed by October.

    The due date to send quotes to buy the federal government’s whole stake in BPCL is Nov. 16.

    Disclaimer: This post has actually been auto-published from an agency feed without any adjustments to the text and has actually not been evaluated by an editor


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    • Very First Released: November 16, 2020, 18: 03 IST

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