The government has invited bids from private and foreign companies to buy out its entire 51 percent stake along with management control in helicopter service operator Pawan Hans Ltd. In a "global invitation for expression of interest", the government asked private players to submit their bids by December 8.
The Miniratna PSU is under the administrative control of the civil aviation ministry and the remaining 49 percent stake is held by ONGC.
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Bids invited for buyout of govt. stake in Pawan Hans
By IndianMandarins - 2017-10-13 12:48:20
The government has invited bids from private and foreign companies to buy out its entire 51 percent stake along with management control in helicopter service operator Pawan Hans Ltd. In a "global invitation for expression of interest", the government asked private players to submit their bids by December 8.
The Miniratna PSU is under the administrative control of the civil aviation ministry and the remaining 49 percent stake is held by ONGC.
