<p>Vedanta Group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying government's stake in Bharat Petroleum Corp Ltd (BPCL).</p>.<p>Vedanta's interest in India's second-largest fuel retailer is because of synergies with its existing oil and gas business.</p>.<p>The government is selling its entire 52.98 per cent stake in BPCL and the last date of putting EoI was November 16.</p>.<p>"Vedanta's EoI for BPCL is to evaluate potential synergies with our existing oil and gas business," the company spokesperson said in a statement. "The EoI is at a preliminary stage and exploratory in nature."</p>.<p>The government had at the close of bidding stated that "multiple" EoIs had been received. It, however, did not reveal the identity of the bidders. </p>
<p>Vedanta Group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying government's stake in Bharat Petroleum Corp Ltd (BPCL).</p>.<p>Vedanta's interest in India's second-largest fuel retailer is because of synergies with its existing oil and gas business.</p>.<p>The government is selling its entire 52.98 per cent stake in BPCL and the last date of putting EoI was November 16.</p>.<p>"Vedanta's EoI for BPCL is to evaluate potential synergies with our existing oil and gas business," the company spokesperson said in a statement. "The EoI is at a preliminary stage and exploratory in nature."</p>.<p>The government had at the close of bidding stated that "multiple" EoIs had been received. It, however, did not reveal the identity of the bidders. </p>