Govt considers selling part of BPCL instead of full stake: Report

Centre is considering inviting bids for a 20%-25% stake in Bharat Petroleum Corp Ltd (BPCL), instead of selling its entire 52.98% holding, Reuters reported quoting government officials. The officials added that the discussions about the plan were in the early stages. Initially, the government had aimed to raise $8-$10 billion from selling its full stake in BPCL.