Privatisation-bound Bharat Petroleum Corporation Ltd. (BPCL) recently said it will buy out Oman Oil Company's shares in the Bina refinery project for about Rs. 2,400 crore.
BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd. (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in Madhya Pradesh.
HBL
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