List of PSU to be Privatised

List of PSU to be Privatised

Query / Information Sought

Finance Minister, Nirmala Sitharaman announced on July 27 that the central government has been working on completing the stake sale process of about 23 public sector companies whose disinvestment has been cleared by the cabinet. With reference to same, kindly provide the following

1.  Name of those 23 undertaking in which government is planning to disinvest or sell the stake.
2. How much percentage of share the government is planning to disinvest or sell.
3. Is UCO BANK Name present in that list.

RTI Replay 

1st Point reply: Following are the Public Sector Undertakings in which the Govt. of India is pursuing strategic disinvestment:

1. Project & Development India Limited (PDIL),
2. Engineering Projects India Limited (EPIL),
3. Pawan Hans Limited (PHL)
4. B&R Company Limited (B&R)
5. Air India.
6. Central Electronics Limited (CEL).
7. Cement Corporation India Limited CCIL (Nayagaon unit)
8. Indian Medicine & Pharmaceuticals Corporation Ltd. (IMPCL)
9. Salem Steel Plant, Bhadrawati Steel Plant, Durgapur Steel plant.
10. Ferro Scrap Nigam Ltd. (FSNL)
11. Nagarnar Steel Plant of NDMC.
12. Bharat Earth Movers Limited (BEML)
13. HLL Lifecare
14. Bharat Petroleum Corporation Ltd. (BPCL)
15. Shipping Corporation of India Ltd. (SCI)
16. Container Corporation of India Ltd(CONCOR)
17. Nilachal Ispat Nigam Limited(NINL).
18. Hindustan Prefab Limited (HPL)
19. Bharat Pumps and Compressors Ltd(BCPL)
20. Scooters India Ltd(SIL)
21. Hindustan Newsprint Ltd(HNL)
22. Karnataka Antibiotics & Pharmaceuticals Ltd(KAPL)
23. Bengal Chemicals and Pharmaceuticals Ltd. (BCPL)
24. Hindustan Antibiotics Ltd. (HAL)
25. Indian Tourism Development Corporation (ITDC)
26. Hindustan Fluorocarbon Ltd (HFL)

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2) Regarding point no 2 it is to inform that strategic disinvestment in any firm/CPSE depends upon market conditions and it is exempted under Section 8(1)(a) in the Right To Information Act, 2005 till the completion of the transaction.

3) Regarding point No. 3: No information is available as DIPAM has no mandate for disinvestment of Public Sector Banks to date.