Government speeds up divestment, invites bids for Pawan Hans
NEW DELHI: The Centre on Tuesday launched its fourth attempt to fully privatise state-owned helicopter company, Pawan Hans India Limited as it sought Expression of Interest (EoI) for selling its entire stake in the Central Public Sector Undertaking (CPSU) under the ministry of Civil Aviation.
“The government has ‘in-principle’ decided to disinvest its entire equity shareholding in the company by way of strategic disinvestment to investor(s) along with transfer of management control,” the Preliminary Information Memorandum (PIM) said.
