In a bid to meet the Rs 41,000-crore stake sale target for 2015-16, the government has firmed up a list of PSUs to be divested next fiscal, starting with BHEL in April. In this regard, the Disinvestment Department has completed overseas road-shows for BHEL stake sale in London, Singapore and Hong Kong. At the current market price, the sale of over 12.23 crore shares in BHEL would fetch around Rs 3,200 crore to the exchequer.
Moreover, other companies which are on the block include NMDC, NALCO and IOC, with 10 percent stake sale proposal each. Besides, 5 percent stake sale in ONGC, PFC and REC is also on cards.
