Govt approves BPCL's ₹3,000 cr investment plan
The Union Cabinet on Wednesday approved state-owned Bharat Petroleum's (BPCL) plan to invest  ₹3,000 crore in its joint venture Bharat Oman Refineries (BORL) for capacity expansion in BORL's refinery in Bina, Madhya Pradesh. The capital infusion will help overcome the losses that BORL is making on account of low oil prices, an official statement said. 