Bharat Petroleum Corporation Limited is setting up an integrated 2G and 1G bioethanol refinery at Bargarh, Odisha...

However, the ban on the export of crude oil will continue...

Under the MoU, requisite infrastructure will also be created for the purpose of setting up these plants and training, and knowledge sharing will take place...

At present, the Centre holds a 52.98 per cent stake, and bidders will have to shell upwards of Rs 60,000 crore to take control of the company...

Ondia is aiming to reach net zero emissions by 2070 and wants to raise the share of renewables in its energy mix to 50 per cent by 2030 rom 38 per cent at present...

The government also plans to call for financial bids to privatise 5 to 6 public sector undertakings, including BPCL, in December-January...

Sources said a complex deal structure and lack of financial backers for the transaction may have been a deal breaker...

The government is selling its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd....

Analysts said the government’s nudges to state-owned refiners on the pricing of petrol and diesel can dissuade bidders...

Data collected by govt agencies show that these ports handled 347 MT of traffic in April-Sep 2021 compared with 348.2 MT recorded during the same period of 2019...