NEW DELHI: The government has scrapped the privatisation of state-run helicopter services provider Pawan Hans and disqualified the winning consortium led by Star9 Mobility due to several legal cases.
In April last year, a government panel had approved the privatisation of Pawan Hans, accepting the highest bid of Rs 211.1 crore from a consortium led by Star9 Mobility, which had promised to turn the loss-making entity into an on-demand helicopter taxi service on the lines of Uber.
The Pawan Hans privatisation was the second most high profile case in the aviation sector after the sale of Air India to Tatas.
