{"id":283228,"date":"2019-07-19T06:21:08","date_gmt":"2019-07-19T06:21:08","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283228"},"modified":"2019-07-19T06:21:08","modified_gmt":"2019-07-19T06:21:08","slug":"dipam-writes-to-power-ministry-to-explore-ntpc-sjvn-merger","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/dipam-writes-to-power-ministry-to-explore-ntpc-sjvn-merger\/","title":{"rendered":"DIPAM writes to power ministry to explore NTPC-SJVN merger"},"content":{"rendered":"<p>The government&#8217;s sell-off department DIPAM has written to the power ministry to explore the possibility of a big-ticket merger and acquisition of NTPC and SJVN, similar to the one between oil marketing PSUs ONGC and HPCL and power financiers PFC and REC, sources said. <\/p>\n<p>&#8220;They are yet to respond,&#8221; a source said. <\/p>\n<p>&#8220;We need a big M&amp;A (merger and acquisition) in oil, power or any sector to boost revenue flow to the disinvestment kitty,&#8221; the source said. <\/p>\n<p>In case of SJVN, the approval of Himanchal Pradesh government is also necessary as the state government holds about 27% stake in the power project while the Centre holds about 63%. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government&#8217;s sell-off department DIPAM has written to the power ministry to explore the possibility of a big-ticket merger and acquisition of NTPC and SJVN, similar to the one between oil marketing PSUs ONGC and HPCL and power financiers PFC and REC, sources said. &#8220;They are yet to respond,&#8221; a source said. &#8220;We need a big M&amp;A (merger and acquisition) in oil, power or any sector to boost revenue flow to the disinvestment kitty,&#8221; the source said. In case of SJVN, the approval of Himanchal Pradesh government is also necessary as the state government holds about 27% stake in the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-283228","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283228"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283228\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}