Disinvestment of Bharat Petroleum Corporation of India
| Case Code: FINC178 Case Length: 12 Pages Period: 2019-2021 Pub Date: 2021 Teaching Note: Available |
Price: Rs.300 Organization: Bharat Petroleum Corporation of India (BPCL) Industry: Government Countries: India Themes: Fiscal Policy |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background
In the early 1900s, three oil majors, Royal Dutch, Shell, and Rothschild’s, got together to form Asiatic Petroleum. In 1928, Asiatic Petroleum joined hands with another producer, refiner, and distributor of petroleum products in India and Burma called Burmah Oil Company to form Burmah Shell. This company started operating in India in 1928, importing and distributing kerosene. Burmah Shell built a huge distribution network that reached the rural areas with the objective of distributing kerosene to every household in the country, and paved the way for the promotion of kerosene-based appliances for lighting and cooking purposes..
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