Rs500cr bank guarantee for IBP Petroleum Vol 5, PW 12 (01 Aug 01) News in Brief Interested bidders for the government's 33.59% stake in petrol retailer IBP Petroleum will be asked to furnish a Rs500cr ($110m) bank guarantee, reports Business Line.... Buy this article forRs590 $9 For a 30-article or annual subscription rates click here RelatedUnclear if Sibneft wants ONGC seismic award (28 Jul 16) Adani-IOC pay $678m guarantee for Ernakulam (15 Jan 15) Reliance pays bank guarantee for Jamnagar pipeline (06 Apr 06) Shell doesn’t want to pay Rs500cr bank guarantee (28 Jan 04) Shell looking for location to set up first petrol pump (21 May 03) DoD wants IBP disinvestment before year-end (21 Nov 01) Rs500cr bank guarantee for IBP Petroleum (01 Aug 01) August 15th target for IBP disinvestment (23 May 01) For IBP get a 'Bank Guarantee' and $440m (28 Mar 01) Hold tight until IBP terms announced (25 Oct 00)