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No decision yet on BPCL disinvestment

 MUMBAI, Nov 8 - State-owned Bharat Petroleum Corporation Ltd (BPCL) has not received any official communication from the government on a proposal to privatise it, a top official said.

There is a possibility of government selling its 53.29 per cent stake along with management control in the firm for around Rs 70,900 crore.

“BPCL has not been told anything officially so far. I have not got any idea of any other information about any concrete proposal from the government side,” BPCL Director (Finance) N Vijayagopal told reporters on Friday. – PTI

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