<h1>India Plans Strategic Disinvestment of 53.29% Stake in BPCL, Market Conditions to Influence Timeline and Revenue.</h1> The Government of India holds a 53.29% stake in Bharat Petroleum Corporation Ltd (BPCL), valued at Rs. 1,048.15 crore. The strategic disinvestment process, as outlined by the Cabinet Committee on Economic Affairs in 2016 and updated in 2019, is underway. The timeline and revenue from the BPCL disinvestment will be influenced by market conditions and investor interest. This information was provided by the Union Minister of State for Finance and Corporate Affairs in a written response to a query in the Rajya Sabha.