BPCL privatisation could result in reassessment of govt-oil cos linkages: Ind-Ra

BPCL's stake sale is part of the govt's disinvestment target of Rs 1.05 lakh crore, which also includes divestment of other state-owned companies such as Shipping Corp of India (SCI), THDC India Ltd and NE Electric Power Corp Ltd, and a 30% stake sale in Container Corp of India. Ind-Ra said it would also assess the ability of the OMCs to maintain pricing freedom.

from Energy-Industry-Economic Times https://ift.tt/2PPLbSo