(a) whether Steel Executives Federation of India (SEFI) has been seeking strategic merger of the steel public sector units in the country;
(b) if so, the details of the proposal thereon;
(c) the present status of strategic disinvestment of Sail PSUs in the country therefor; and
(d) the details of the proposal for merger of alloy steel plant with Durgapur steel plants in West Bengal?
THE MINISTER OF STEEL (SHRI RAM CHANDRA PRASAD SINGH)
(a)to(d): Government has taken ‘in-principle’ decision for strategic disinvestment of 3 (three) Units of Steel Authority of India Limited (SAIL) [viz. Salem Steel Plant (SSP), Salem; Visvesvaraya Iron and Steel Plant (VISP), Bhadravathi and Alloy Steel Plant (ASP), Durgapur] on 27.10.2016 to a strategic buyer. Representations are received from time to time with regard to strategic disinvestment/merger of Steel CPSEs. The Government is guided by the New PSE policy approved by the Cabinet on 27.01.2021 which was notified on 04.02.2021.
********