The government may appoint for asset valuers for Central Electronics Ltd (CEL) before disposing of its 100% stake in the PSU and transferring the management control.
Valuers have been invited to submit their bids by November 28, 2017, to the Department of Scientific and Industrial Research (DSIR).
The selected firm would have to value land and buildings, furniture, civil infrastructure and plant and machinery of CEL.
The properties would be needed to be valued by any one or a combination of the following methods - comparison method, income capitalization, discounted cash flow, cost approach method or replacement valuation.
The government has budgeted to raise 72,500 crores in 2017-18 through stake sale in PSUs. This includes Rs. 46,500 crore from minority stake sale, Rs. 15,000 crore from strategic disinvestment and Rs. 11,000 crore from the listing of PSU insurance companies.
Valuers invited for CEL
By IndianMandarins - 2017-11-08 11:37:59
The government may appoint for asset valuers for Central Electronics Ltd (CEL) before disposing of its 100% stake in the PSU and transferring the management control.
Valuers have been invited to submit their bids by November 28, 2017, to the Department of Scientific and Industrial Research (DSIR).
The selected firm would have to value land and buildings, furniture, civil infrastructure and plant and machinery of CEL.
The properties would be needed to be valued by any one or a combination of the following methods - comparison method, income capitalization, discounted cash flow, cost approach method or replacement valuation.
The government has budgeted to raise 72,500 crores in 2017-18 through stake sale in PSUs. This includes Rs. 46,500 crore from minority stake sale, Rs. 15,000 crore from strategic disinvestment and Rs. 11,000 crore from the listing of PSU insurance companies.
