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Govt extends deadline for BPCL bids due to Covid-19

May 28, 2020 15:36 IST

The government has extended the time for interested parties to submit their bids for BPCL by two months due to the Covid-19 pandemic. Bidders now have to submit their 'expression of interest' by July 31. The government had in March invited bids to sell its 53% stake in BPCL, the country's second-largest oil retailer, as part of the efforts to speed up the privatisation process.

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