Disinvestment Of Pawan Hans Helicopters Limited .

for Ministry of Civil Aviation | Date - 15-12-2016


The Cabinet Committee on Economic Affairs (CCEA) in its meeting held on 27th Oct, 2016 has given 'in-principle' approval for strategic disinvestment of CPSEs including Pawan Hans Limited based on the recommendations of the Core Group of Secretaries on Disinvestment . CCEA has approved the recommendation for disinvestment of 100 percent shareholding of Government of India to strategic buyer identified through two-stage auction process in the CPSEs including Pawan Hans Limited (PHL)

This information was given by Shri Jayant Sinha, Minister of State for Civil Aviation in written reply to a question in Lok Sabha today.

UM/NP
(Release ID :155426)

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