The Government holds 51 per cent stake in Pawan Hans, which has a fleet of 46 choppers
The final share purchase agreement will be shared soon with shortlisted bidders of Pawan Hans for selling the Government’s stake and the stake of Oil and Natural Gas Company (ONGC) in the helicopter service provider.
A meeting of the Alternative Mechanism on strategic disinvestment headed by Finance Minister Arun Jaitley and comprising Civil Aviation Minister Suresh Prabhu would be called soon to get the clearance for the final share purchase agreement (SPA).
The Government holds 51 per cent stake in Pawan Hans, which has a fleet of 46 choppers. The remaining 49 per cent is with state-run ONGC.
