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The Times of India
The Times of India
Business
Surojit Gupta and Sidhartha | TNN

BPCL setback: Govt to push asset sales

BPCL BEML New Delhi NMDC Oil

NEW DELHI: The Centre is set to give a fresh push to its privatisation drive after facing a setback over the sale of state-run oil refiner BPCL and will make a renewed bid to complete the transactions of a clutch of companies in the current fiscal year.

Senior officials said Shipping Corporation of India (SCI), defence PSU BEML, engineering consulting firm PDIL and the Nagarnar steel plant of the country’s largest iron ore producer NMDC are among the companies where the Centre hopes to accelerate the privatisation process and complete the transactions.

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