PSU NEWS
OIL with EIL has decided to bid for acquiring 61.65 percent stake in BPCL
New Delhi: Oil India Limited in consortium with Engineers India Limited has decided to bid for acquiring a 61.65% stake of BPCL in the Ministry of Petroleum and Natural gas. The exact percentage of the stake of OIL & EIL will depend on the extent of Right of First Offer to be exercised by Government of Assam.
About Oil India Limited:
Oil India Limited is the second largest hydrocarbon exploration and production Indian public sector company with its operational headquarters in Duliajan, Assam, India.
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