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Reputation: 642,681  •  Jul 30, 2023 7:08 PM
Govt to get significant stake in HPCL post preference issue five years after company exit
Govt to get significant stake in HPCL post preference issue five years after company exit
The government had in the annual Budget for 2023-24 (April 2023 to March 2024 fiscal) announced Rs 30,000 crore of capital support to state-run fuel retailers — Indian Oil Corporation (IOC), HPCL and Bharat Petroleum Corporation Ltd (BPCL) — to support their energy transition and net-zero initiatives.
Moneycontrol

https://www.moneycontrol.com/news/business/govt-to-get-si...
#HINDPETRO #BPCL #IOC

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