In the wake of coronavirus pandemic, the Centre has postponed the strategic disinvestment process of Bharat Petroleum Corporation (BPCL) by over a month.
The centre has postponed the date of submission of expression of interest (EoI) by interested bidders to June 13 from May 2.
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The Centre further announced that the bidders now will have to send their written query to preliminary information memorandum (PIM) on BPCL disinvestment by May 16.
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In an official statement, it was mentioned that the changes have been made in view of the requests received from interested bidders and the prevailing situation arising out of COVID-19 pandemic.
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“Further changes with respect to the Important Dates, if any, will be communicated to the interested bidders subsequently,” the statement added.