Air India sale: Govt may issue EoI, share purchase agreement in 3-4 days
The Centre is likely to issue the expression of interest (EoI) and the share purchase agreement (SPA) for debt-ridden Air India’s privatisation within the next three to four days, a senior government official said on Friday.
The official said that “a group of ministers (GoM), headed by Union home minister (Amit Shah), had on January 7 approved the EoI and the SPA for the airline”.
“We will issue these within three to four days,” the government official said.
While Air India’s net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.
