Fresh bids invited for sale of Pawan Hans

New Delhi, December 8 After two unsuccessful attempts, the government on Tuesday invited fresh bids for strategic sale of Pawan Hans along with transfer of management control. ONGC had earlier decided to offer its entire stake in the company for...

Tribune Web Desk

Updated At : 01:20 PM Dec 09, 2020 IST

New Delhi, December 8

After two unsuccessful attempts, the government on Tuesday invited fresh bids for strategic sale of Pawan Hans along with transfer of management control.

ONGC had earlier decided to offer its entire stake in the company for sale along with government stake.

The Centre has invited EoIs from potential buyers by January 19, 2021. — PTI

EoIs invited by Jan 19

The govt owns 51% stake in Pawan Hans, while ONGC holds 49% stake
The Centre has invited EoIs from potential buyers by January 19, 2021