Govt scraps privatisation of SAIL’s Salem steel plant
时间:2024-09-29 03:47:53 阅读(143)
The government on Wednesday said it has decided not to go ahead with the privatisation of SAIL’s Salem Steel Plant (SSP). For strategic disinvestment of Tamil Nadu-based SSP, global Expressions of Interest (EoIs) were invited on July 4, 2019, by SAIL.
“Multiple EoIs had been received and bidders were shortlisted. However, due to lack of interest of shortlisted bidders to proceed further with the transaction, Government of India, with the approval of Alternative Mechanism (Empowered Group of Ministers) has decided to annul the current EoI thereby terminating the present transaction,” the Department of Investment and Public Asset Management (DIPAM) said on its website.
In 2019, the government called off the sale process of ASP, while in 2022, the strategic sale of VISP was terminated citing lack of interest from bidders.
猜你喜欢
- This Jhunjhunwala portfolio stock plunges 38% so far in 2022; should you buy- Here’s what analysts say
- Traders should be stock specific, Fed rate hike eyed; April to be positive, relief rally anticipated
- Ahead of IPO, Delhivery reduces issue size by 30%- Softbank, Carlyle cut OFS portions
- Top picks for Diwali- Hear out the expert recommendations_3
- The yellow metal to shine ahead of March Fed meeting
- Tracxn Technologies IPO subscribed 54 pc on Day 2
- Nifty to cross 18800 on RBI MPC outcome or snap 4-day winning streak- See 9 things to know before market opens
- Top 5 Canadian universities for international students looking to study in Canada
- Nifty short-term trend weak, index may head to 15700 if it slips further; check stocks to buy and sell