Will not cut govt stake in power PSUs below 51%: Piyush Goyal - News Summed Up

Will not cut govt stake in power PSUs below 51%: Piyush Goyal


Of this, Rs.36,000 crore is to come from minority stake sale in PSUs and Rs.20,500 crore from strategic sale. That is what we had announced for CoaI India and our other PSUs,” Goyal told PTI. Power minister Piyush Goyal says management and control of public sector undertakings should remain with the governmentNew Delhi: Supporting the finance ministry’s disinvestment plan for public sector undertakings (PSUs), Union power minister Piyush Goyal has said his ministry will not reduce the government’s stake in power sector PSUs below 51%. Recently, NITI Aayog had submitted two separate lists for dealing with sick units and those PSUs where strategic sale is possible. “You need to blend the high calorific value coal as its prices have come down.


Source: Mint June 19, 2016 16:18 UTC



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