Business Standard

Engineers India in consortium with Oil India to bid for acquiring BPCL's stake in Numaligarh Refinery

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Capital Market
Engineers India (EIL) in consortium with Oil India has decided to bid for acquiring 61.65% stake of Bharat Petroleum Corporation (BPCL) in Numaligarh Refinery (NRL) with EIL taking the minority stake holding. This would enable EIL to diversify its business into downstream oil & gas operations.

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First Published: Feb 19 2021 | 9:42 AM IST

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