Pawan Hans stake sale: Government extends EoI deadline by a week

MUMBAI: The Government has extended the deadline for submission of expression of interest (EoI) for Pawan Hans stake sale by a week, a source said on Wednesday.

The deadline was to expire on Thursday.

The government holds 51 per cent stake in Pawan Hans, which has a fleet of 43 helicopters. The remaining 49 per cent is with oil and gas behemoth ONGCNSE 1.07 %.

This is the second time the date has been extended since the government came out with the Preliminary Information Memorandum (PIM) for strategic disinvestment in its chopper services providing entity Pawan Hans Ltd in July.

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