19221 Investors following BPCL. Share this News with them.
0
Like this story, share it with millions of investors on M3
See FY10 under-recoveries at Rs 10k-11k cr: BPCL
Bharat Petroleum Corporation (BPCL) is seeking some clarity from the government on the oil subsidies and under-recoveries, reports CNBC-TV18, quoting NewsWire18. It sees FY10 under-recoveries at Rs 10,000-11,000 crore.
Bharat Petroleum Corporation (BPCL) is seeking some clarity from the government on the oil subsidies and under-recoveries, reports CNBC-TV18, quoting NewsWire18. It sees FY10 under-recoveries at Rs 10,000-11,000 crore.
At current prices, the state-owned company is losing Rs 5 per litre on petrol sales, Rs 3.50 per litre on diesel, Rs 17 per litre on kerosene, and Rs 260 per cylinder on liquefied petroleum gas (LPG).
The company plans to invest Rs 1,000 crore in its exploration arm in FY11 and is not averse to buying Cairn's Barmer crude.
