Government recieves multiple bids for BPCL privatisation, RIL & Aramco not in the race

Both Global and Domestic firms have submitted expressions of interest for the strategic disinvestment of the government’s stake in Bharat Petroleum Corp Ltd by the monday deadline, TK Pandey, Department of Investment and Public Asset Management Secretary, said in a tweet. The strategic sales are to fetch the government’s 2.1 lakh crore disinvestment target for FY21. Three-Four expressions of interest have been received were RIL & Aramco haven’t submitted.