BPCL disinvestment: Govt drops offer to sell 53% stake as most bidders express inability to participate - Shahpur Turk CSC - Common Service Centre in Sonipat BPCL disinvestment: Govt drops offer to sell 53% stake as most bidders express inability to participate

30 May 2022

BPCL disinvestment: Govt drops offer to sell 53% stake as most bidders express inability to participate

The government on Thursday withdrew its offer to sell its entire 52.98 per cent stake in BPCL, saying that majority of bidders have expressed their inability to participate in the current privatisation process due to prevailing conditions in the global energy market.

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