BPCL may get oil bonds of Rs 2,500 cr


“We currently have oil bonds worth Rs 10,100 crore and are expecting another Rs 2,500 crore from the Government soon. But this is subject to Parliamentary approvals,” Bharat Petroleum Corporation  Chairman and Managing Director Ashok Sinha told reporters here.

Bharat Petroleum Corp oration said it has pledged bonds worth about Rs 1,000 crore since the beginning of the current fiscal year.

The company also added that  Kingfisher Airlines owes it Rs 314 crore in dues for purchase of jet fuel and said it would take legal action against the private carrier over non-payment of the said amount.

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