would soon enter into discussions with the concerned entities.
Incorporated in 1989, the Manipal-based BPPL
manufactures paper-insulated copper conductors, bus bars, and enamel strips, primarily used by the power transformer industry.
The overall market share of Petroleum Marketing Business (PMB) of BPPL in petrol, diesel and furnace oil segments has jumped from 0.
He said BPPL has an edge over other oil marketing companies.
Thus the ultimate aim of Robertson's banking policy in BPPL
was to run policy so as to achieve the cyclical behaviour that would mimic the cycle generated by an imaginary and ideal frictionless barter world where the cycle was driven by pulses of innovation.
He said that BPPL
will set up few auto-gas stations shortly in major cities.
The transaction is subject to approval by BPPLs
shareholders, receipt of regulatory approvals and other customary closing conditions.
, the only refinery in Pakistan which has acquired marketing license from the start of its operation.
Various loans given to BPPL
are novated to BOPL and converted into equity of BPPL
Irfan Qureshi, head product development PSG, HBL, and Mujtaba Jafarey, CEO of BPPL
, inked the agreement.
It is also anticipated that its gearing is to develop as BPPL
s liabilities, which included unsecured loans of RM5.
ACL has provided funds to BII for acquiring additional shareholding of BPPL
from the market, through a Mandatory Tender Offer (MTO).