Cabinet nods divestment in ONGC, Coal India, NHPC
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the moves.
"The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today approved the disinvestment of 11.36 percent paid up equity capital of NHPC Ltd. out of the Government of India’s shareholding of 85.96 percent," read a government statement.
"The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today approved the disinvestment of 11.36 percent paid up equity capital of NHPC Ltd. out of the Government of India’s shareholding of 85.96 percent," another statement said.
" The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today approved the disinvestment of 5 percent paid-up capital in Oil & Natural Gas Corporation Ltd. (ONGC) out of the Government of India’s shareholding of 68.94 percent," said another statement issued by the government.
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