Bharat Petroleum Corporation (BPCL) has agreed to sell its entire 61.65% stake in Numaligarh Refinery (NRL) to a consortium of Oil India (OIL) and Engineers India (EIL), as well as the Assam government, for nearly Rs. 9,876 crore. The sale of Numaligarh Refinery, Ltd. clears the way for the privatization of India’s second-largest fuel retailer. […]
