(a) whether the shares of any Public Sector Enterprises (PSEs) have been sold off during the period from 2014-17;
(b) if so, the details of such enterprises and the percentage of share sold;
(c) the number of them which have their management handed over to private sector; and
(d) the number of PSEs that would be handed over to private sector in the near future?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI PON. RADHAKRISHNAN)
(a) & (b): The details of equity disinvested in CPSEs during the Financial Year 2014-15, 2015-16 & 2016-17 are as follows:
Sl. No. CPSEs % of GoI’s Shares Disinvested
Financial Year 2014-15
1. Steel Authority of India Ltd. (SAIL) 5
2. Coal India Ltd.(CIL) 10
3. National Fertilizers Ltd. (NFL) – (Employees’ OFS) 0.29
4. National Thermal Power Ltd. (NTPC) – (Employees’ OFS) 0.04
5. Metals and Minerals Trading Corporation of India (MMTC) – (Employees’ OFS) 0.073
6. Hindustan Copper Ltd. (HCL) – (Employees’ OFS) 0.05164
7. National Aluminium Company Ltd. (NALCO) – (Employees’ OFS) 0.13
8. National Mineral Development Corporation (NMDC) – (Employees’ OFS) 0.0000088
Financial Year 2015-16
1. Rural Electrification Corporation Ltd. (REC) 5
2. Power Finance Corporation Ltd. (PFC) 5
3. Dredging Corporation of India Ltd.(DCIL) 5
4. Indian Oil Corporation Ltd. (IOC) 10
5. Engineers India Ltd. (EIL) 10
6. National Thermal Power Ltd. (NTPC) 5
7. Container Corporation of India Ltd. (CONCOR) 5
8. Bharat Dynamics Ltd. (BDL) – (Buyback) NA
9. Hindustan Aeronautics Ltd. (HAL) – (Buyback) NA
Financial Year 2016-17
CPSEs’ Disinvestment
1. National Hydroelectric Power Corporation Ltd. (NHPC) 11.36
2. Indian Oil Corporation Ltd. (IOC) – (Employees’ OFS) 0.5
3. National Thermal Power Corporation Ltd. (NTPC) – (Employees’ OFS) 0.22
4. National Aluminium Company Ltd. (NALCO) – (Buyback) NA
5. Hindustan Copper Ltd. (HCL) 7
6. National Mineral Development Corporation Ltd. (NMDC) – (Buyback) NA
7. Manganese Ore India Ltd. (MOIL) – (Buyback) NA
8. National Building Construction Corporation Ltd. (NBCC) 15
9. Bharat Electronics Ltd. (BEL) – (Buyback) NA
10. Engineers India Ltd. (EIL) – (Employees’ OFS) 0.5
11. Coal India Ltd. (CIL) – (Buyback) NA
12. National Hydroelectric Power Corporation Ltd. (NHPC) – (Employees’ OFS) 0.09
13. Dredging Corporation India Ltd. (DCIL) – (Employees’ OFS) 0.09
14. Container Corporation of India Ltd. (CONCOR) – (Employees’ OFS) 0.25
15. CPSE-Exchange Traded Fund (CPSE-ETF) BEL - 0.85, CIL - 0.65, CONCOR - 1.40, EIL - 1.34, GAIL - 1.21, IOCL- 0.69, OIL - 0.75, ONGC - 0.60, PFC- 1.04, REC - 1.27
16. Manganese Ore India Ltd. (MOIL) 10
17. Bharat Electronics Ltd. (BEL) 5
18. National Hydroelectric Power Corporation Ltd. (NHPC) – (Buyback) NA
19. Neyveli Lignite Corporation Ltd. (NLC) – (Buyback) NA
20. CPSE-Exchange Traded Fund (CPSE-ETF) BEL - 0.38, CIL – 0.26, CONCOR – 0.55, EIL - 0.51, GAIL – 0.46, IOCL - 0.26, OIL - 0.29, ONGC – 0.27, PFC - 0.40, REC – 0.50
(c) : Nil.
(d) : Government has given ‘in-principle’ approval for strategic disinvestment (other than acquisition by similarly placed CPSEs) of 17 CPSEs and their handing over to private sector is subject to the final decision of the Government.
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