The document summarizes key details about the disinvestment of Bharat Petroleum Corporation Limited (BPCL) by the Indian government. It lists BPCL's assets including LPG distributor agencies, petrol pumps, market share in India's fuel and oil refining capacity. It estimates BPCL's valuation at Rs. 1-1.2 lakh crore and outlines eligibility criteria for bidders, which require a minimum net worth of $10 billion. Tentative bidders mentioned are Saudi Aramco, ADNOC, Rosneft, ExxonMobil, Reliance Industries, and Vedanta. The sale of BPCL is seen as critical for generating government revenue.
The document summarizes key details about the disinvestment of Bharat Petroleum Corporation Limited (BPCL) by the Indian government. It lists BPCL's assets including LPG distributor agencies, petrol pumps, market share in India's fuel and oil refining capacity. It estimates BPCL's valuation at Rs. 1-1.2 lakh crore and outlines eligibility criteria for bidders, which require a minimum net worth of $10 billion. Tentative bidders mentioned are Saudi Aramco, ADNOC, Rosneft, ExxonMobil, Reliance Industries, and Vedanta. The sale of BPCL is seen as critical for generating government revenue.
The document summarizes key details about the disinvestment of Bharat Petroleum Corporation Limited (BPCL) by the Indian government. It lists BPCL's assets including LPG distributor agencies, petrol pumps, market share in India's fuel and oil refining capacity. It estimates BPCL's valuation at Rs. 1-1.2 lakh crore and outlines eligibility criteria for bidders, which require a minimum net worth of $10 billion. Tentative bidders mentioned are Saudi Aramco, ADNOC, Rosneft, ExxonMobil, Reliance Industries, and Vedanta. The sale of BPCL is seen as critical for generating government revenue.
BPCL Disinvestment – Step Towards Consolidating O&G Downstream Portfolio
1 6113 Highlights of the BPCL’s Disinvestment EoI
LPG Distributor Agencies What the ✓ Eligibility Criteria : Minimum Net worth of $10 Billion or Rs. 2 16309 buyer of BPCL 75000 Cr. for the bidders Petrol Pumps will get? ✓ Maximum 4 members consortium with each having minimum $1 Billion and lead partner should have minimum 3 22% equity infusion of 40% of India’s fuel ✓ Employee protection, asset stripping, business continuity, Market Share lock-in period of the shares bought and shareholding of 4 15.3% consortium members – besides responsibilities and liabilities of India’s Oil of the selected buyer and that of the consortium members Refining Capacity will be discussed in RFP stage 5 ✓ PSUs are not eligible to participate in this privatization ~ Rs. 97000 Cr Market Share BPCL’s Estimated Valuation will be in the range of 6 ~ 100+ ~Rs. 1.0 to 1.2 Lakh Crore R&D Patents & Products Tentative Bidders ► Saudi Armaco Sell-off of BPCL is critical 7 ~ 20000+ 47% 53% for the Government as it is ► ADNOC Employee Base ► Rosneft looking for all possible 8 ► Exxon Mobil revenue sources ~ 35.3 MTPA ► Reliance Industries Three Refineries Disivestment Government ► Vedanta
Abhinav Sengupta | MBA in Energy & Infrastructure & B.Tech in Mining & Executive Diploma in Business Valuation | Email : abhinavsengupta85@gmail.com | Phone : +919016047552