Lok Sabha Question No. 713 (UNSTARRED), answered on 2018-12-14
Subject: Non-Core Assets of CPSEs
Ministry: FINANCE
Asked by: RAM CHARITRA

## GOVERNMENT OF INDIA

## MINISTRY OF FINANCE

## DEPARTMENT OF INVESTMENT AND PUBLIC ASSET MANAGEMENT

## LOKSABHA UNSTARRED QUESTION NO 713

TO BE ANSWERED ON 14thDecember, 2018 Agrahayana 23, 1940 (Saka)

## Non-Core Assets of CPSEs

## 713. SHRI RAM CHARITRA NISHAD:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government has identified huge tract of land and other assets of nine State owned companies which will be hived off before they are put on the block for strategic sale and if so, the details thereof;
- (b) whether the sale process of these assets has to be taken forward by the concerned administrative Ministries and if so, the details thereof; and
- (c) whether most of the assets identified for separate disposal are land parcels and residential flats owned by the Central Public Sector Enterprises and if so, the details thereof?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PON.RADHAKRISHNAN)

- (a) , (b) and (c) Yes, Sir. Details of the CPSEs and their assets identified for hiving off during the due diligence process of strategic disinvestment is enclosed at Annexure-I. The disposal of these assets shall be undertaken by the agencies including the administrative Ministries, as authorised by the Competent Authority, to be decided on a case to case basis.

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List of assets identified for hiving off during the due diligence process of strategic disinvestment (Reference Lok Sabha Unstarred Question No. 713 for reply on 1411212018).

|   SI.No. | NameofCPSE                       | Name of the Asset identified to be hived off                                                                                                                                                                                                                    |
|----------|----------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        1 | Project & Development India Ltd. | All the three divisions/units (Catalyst plant, Environmental Engineering and R&D) at Sindri land and the other entire infrastructure appurtenant                                                                                                                |
|        2 | Hindustan Prefab Limited (HPl).  | thereto. 27.55 Acres Factory Land 1.09 Acres Cvcle Stand land 241.58 Sqm Flat No. C-19, Jangpura Ext 272.06 Sqyd Plot No. C-27, been executed. Janqpura Ext. 394.75 Sqm Office Space at SCOPE Minar, Laxmi Nagar Approx. 3.00 Acres, out of which a sub-way has |
|        3 | Bridge and Roof Co. (India) Ltd. | 1 Flat - 582 sq. ft Aradhana Co. op. Housing Society Ltd. Chembur, Mumbai-71                                                                                                                                                                                    |
|        4 | Pawan Hans Ltd.                  | Mumbai-7 Rohini Heliport shall be demerged into a separate company. Bellman Hangar situated at Safdarjung airport                                                                                                                                               |
|        5 | Scooters India Limited           | land of 89.69 acres Sarojini Nagar, Lucknow-226 008, Uttar Pradesh, India                                                                                                                                                                                       |
|        6 | Bharat Pumps & Compressors Ltd.  | 119 acres of land shall be returned to U.P. Governments. Seven residential flats at Mumbai (one in Bandra and six in Goregoan)                                                                                                                                  |

|   7. | Hindustan Newsprint Ltd.                                           | 20 Acres Land leased to Cochin Cements (P) Ltd.                                                                                                                   |
|------|--------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    7 | Hindustan Newsprint Ltd.                                           | 9.51 Acres Land leased to Bnarativa Vidya Shavano                                                                                                                 |
|    7 | Hindustan Newsprint Ltd.                                           | 1.67 Acres Land leased to Kendriya Vidhalaya (KV), Kaduthuruthy                                                                                                   |
|    7 | Hindustan Newsprint Ltd.                                           | 2.8770 Hectares of land at Shoothathankettu ernakulam district. Land consisting of residential, official buildings & plantation trees for production purposes.    |
|    7 | Hindustan Newsprint Ltd.                                           | 1186 Sq. mt. of Land at Kaloor, Ernakulam 1.8687 Hectares of land at Ranni, Pathanamthitta                                                                        |
|    7 | Hindustan Newsprint Ltd.                                           | 6.4923 hectares of land at Vandioerivar, Idukki                                                                                                                   |
|    7 | Hindustan Newsprint Ltd.                                           | 843.00 sq. ft. (Super built-up) Residential Flat at Mumbai-Barla                                                                                                  |
|    7 | Hindustan Newsprint Ltd.                                           | 0.95 Ha of land in Munnar                                                                                                                                         |
|    8 | Hindustan                                                          | 66.13 acres of land Rudraram, District Sangareddy, Teleangan                                                                                                      |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | AIESL - wholly owned subsidiary of AI, primarily involved in the maintenance, repair and overhaul of enqines and airframe                                         |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | AIATSL - wholly owned subsidiary of AI, primarily involved in ground handling and cargo handling services                                                         |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | HCI - subsidiary of AI which owns and operates two hotels in Delhi and Sringar as well as the Chef air Kitchen units in Delhi and Mumbai.                         |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | AASL - provides connectivity to Tier II and Tier III cities in India and also links these cities to metro hubs.                                                   |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | Rs. 1597.94 crore TOTAL INVESTMENT IN SUBSIDIARIES                                                                                                                |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | Rs. 73.07 crore TOTAL TRADE INVESTMENTS                                                                                                                           |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | Rs. 0.76 crore investment in France Telecom                                                                                                                       |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | Airlines House, Gurudwara Rakabganj Road, New Delhi.                                                                                                              |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | 11,285 Sq. mt. LMD Hangar, Mumbai                                                                                                                                 |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | 34,125 sq mt Air India Complex, old Airport, Santa Cruz (East), Mumbai (where Operations, Finance, MMD, Space Control Personnel and Other Departments are housed. |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | 2,242.82 sa. mt. Hangar No.4, Terminal 1, Delhi                                                                                                                   |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | 39,347.00 sq. mt. Building Complex, GSD Terminal 2                                                                                                                |
|    9 | Fluorocarbons Ltd. Air India and its five subsidiaries and one JV. | All other land and buildings owned, leased, licensed or possessed by AI, Various articles of arts and artefacts                                                   |

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