Cabinet Decisions: 100% FDI approved in government oil refinery companies, now privatization of BPCL will be faster

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    Cabinet Decisions: 100% FDI approved in government oil refinery companies, now privatization of BPCL will be faster
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    So far 49 percent FDI is allowed in public sector oil refinery companies (PSU Oil Refineries). Bharat Petroleum Corporation Limited (BPCL) could not be sold to any foreign company if this limit of foreign investment (FDI) remained in place. .

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