BPCL logs ₹6,148 cr Q1 loss on holding retail fuel prices - Business News: Latest News & Videos about market and economy | Trendmergers

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BPCL logs ₹6,148 cr Q1 loss on holding retail fuel prices

Last month the Cabinet Committee on Economic Affairs approved an additional investment of $1,600 million (about ₹12,000 crore) by Bharat PetroResources (BPRL), an arm of BPCL, in a concession project in Brazil. BPRL owns a 40% participating interest in the Sergipe Alagoas concession, while Petrobras, the national oil firm of Brazil, holds 60%.

from Industry-Economic Times
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