Pawan Hans is a joint venture by the government of India and the state-owned ONGC which holds a 49 per cent stake in the company
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.
The government approved selling its 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL) along with the transfer of management control for Rs...
PHL is a 51:49 joint venture of the government and ONGC providing helicopter and aero mobility services.
Recently, a media report quoting sources said that the company has submitted a bid to buy Pawan Hans, JSW Steel informed the stock exchanges.
Pawan Hans has a fleet of over 40 helicopters and almost 900 employees, including 450 who are on the permanent rolls
