Corporate News 19-Feb-21
Engineers India in consortium with Oil India to bid for acquiring BPCL's stake in Numaligarh Refinery
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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