The Free Press Journal

IOC to monetise pipeline assets, says many investors interested

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State-owned Indian Oil Corporatio­n (IOC) is likely to sell stakes in one or two of its vast network of crude oil and petroleum product pipelines in the countr y under the assetmonet­ization plan, but won't give up control, its Director (Finance) Sandeep Kumar Gupta said Tuesday. "InvIT could be one model which we may look at but we won't sell 100 per cent. We will remain the operator," he said on a conference call with analysts and investors

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