Pawan Hans is a 51:49 joint venture of the government and ONGC. The government had in December last year received three bids for the Pawan Hans sale.
NLMC will be set up as a wholly-owned government of India company with an initial authorized share capital of Rs 5,000 crore and paid-up share capital of Rs 150 crore.
CPSEs have been engaged in the manufacture of goods and provisions of services in almost all the important spheres of economic activity.
The list includes Air India Assets Holding Ltd (AIAHL), set up in 2018 as a precursor to Air India's sale to hold non-core assets and liabilities of the erstwhile national carrier.
The DIPAM, in collaboration with NITI Aayog, is organizing the apex level consultative post-Budget webinar, which will see participation from 22 ministries and senior management from PSEs.
Since the Modi government came to power in 2014, it was only in the financial year 2019-20 that it failed to achieve the revised CPSE disinvestment target of Rs 65,000 crore.
The initial work to identify CPSEs from the textile, commerce, chemicals, and fertilizers sector has also been completed, the report said.
The Ministry of Coal, through its Central Public Sector Enterprises (CPSEs), had registered a Capex achievement of Rs 9,822.28 crore for the period up to December 2020.
