Lok Sabha Question No. 556 (UNSTARRED), answered on 2018-07-20
Subject: Sale of Shares of Public Enterprises
Ministry: FINANCE
Asked by: MD. BADARIDDOZA KHAN

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF INVESTMENT AND PUBLIC ASSET MANAGEMENT

## LOKSABHA

## UNSTARRED QUESTION NO. 556

TO BE ANSWERED ON FRIDA Y, JULY 20, 2018 ASHADHA 29, 1940 (SAKA)

## Sale of Shares of Public Enterprises

## 55. SHRI MD. BADARUDDOZA KHAN:

wi" the Minister of FINANCE be pleased to state:

- (a1 the details of number of public enterprises whose shares were sold by Government during th I t th e as ree years;
- (b the percentage of shares sold and the amount Government got out of it; and
- (c the number of public enterprises which have been completely sold out by the Government and how many of them have been bought by other public enterprises?

## ANSWER

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

- (a) & (b): Details of the equity shares disinvested in CPSEs and amount received during the last three financial years i.e. 2015-16, 2016-17 & 2017-18 are as follows:

| SI. No.                | CPSEs                                        | %of Gol's Shares Disinvested   | Receipts (in Rs. Crorc)   |
|------------------------|----------------------------------------------|--------------------------------|---------------------------|
| Financial Year 2015-16 | Financial Year 2015-16                       | Financial Year 2015-16         |                           |
| I.                     | Rural Electrification Corporation Ltd. (REC) | 5                              | 1,608.00                  |
| 2.                     | Power Finance Corporation Ltd. (PFC)         | 5                              | 1,671.00                  |
| 3.                     | Dredging Corporation oflndia Ltd.(DCIL)      | 5                              | 53.33                     |
| 4.                     | Indian Oil Corporation Ltd. (I0C)            | 10                             | 9,369.00                  |
| 5.                     | Engineers India Ltd. (ElL)                   | 10                             | 642.50                    |
| 6.                     | National Thermal Power Ltd. (NTPC)           | 5                              | 5014.55                   |
| 7.                     | Container Corporation of India Ltd. (CONCOR) | 5                              | 1155.20                   |
| 8.                     | Bharat Dynamics Ltd. (BDL) - (Buyback)       | NA                             | 198.85                    |

| 9.                       | I Hindustan Aeronautics Ltd. (HAL) - (Buyback)                          | NA                                                                                                                          | 4284.37                  |
|--------------------------|-------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------|--------------------------|
| I Financial Year 2016-17 | I Financial Year 2016-17                                                | I Financial Year 2016-17                                                                                                    | I Financial Year 2016-17 |
| CPSEs' Disinvestment     | CPSEs' Disinvestment                                                    | CPSEs' Disinvestment                                                                                                        | CPSEs' Disinvestment     |
| I.                       | National Hydroelectric Power Corporation Ltd. (NHPC)                    | 11.36                                                                                                                       | 2716.55                  |
| 2.                       | Indian Oil Corporation Ltd. (I0C) - (Employees' OFS)                    | 0.5                                                                                                                         | 262.49                   |
| 3.                       | National Thermal Power Corporation Ltd. (NTPC) - (Employees' OFS)       | 0.22                                                                                                                        | 203.78                   |
| 4.                       | National Aluminium Company Ltd. (NALCO) - (Buyback)                     | NA                                                                                                                          | 2831.71                  |
| 5.                       | Hindustan Copper Ltd. (HCL)                                             | 7                                                                                                                           | 399.93                   |
| 6.                       | National Mineral Development Corporation Ltd. (NMDC) - (Buyback)        | NA                                                                                                                          | 7519.15                  |
| 7.                       | Manganese Ore India Ltd. (MOIL) - (Buyback)                             | NA                                                                                                                          | 793.87                   |
| 8.                       | National Building Construction Corporation Ltd. (NBCC)                  | 15                                                                                                                          | 2201.14                  |
| 9.                       | Bharat Electronics Ltd. (BEL) - (Buyback)                               | NA                                                                                                                          | 1802.60                  |
| 10.                      | Engineers India Ltd. (ElL) - (Employees' OFS)                           | 0.5                                                                                                                         | 31.38                    |
| 11.                      | Coal India Ltd. (CIL) - (Buyback)                                       | NA                                                                                                                          | 2638.24                  |
| 12.                      | National Hydroelectric Power Corporation Ltd. (NHPC) - (Employees' OFS) | 0.09                                                                                                                        | 21.27                    |
| 13.                      | Dredging Corporation India Ltd. (DCIL) - (Employees' OFS)               | 0.09                                                                                                                        | 0.93                     |
| 14.                      | Container Corporation of India Ltd. (CONCOR) - (Employees' OFS)         | 0.25                                                                                                                        | 9.34                     |
| 15.                      | CPSE-Exchange Traded Fund (CPSE-ETF)                                    | BEL - 0.85, CIL - 0.65, CON COR - 1.40, ElL - 1.34, GAIL - 1.21, IOCL- 0.69, OIL - 0.75, ONGC - 0.60, PFC- 1.04, REC - 1.27 | 5999.99                  |
| 16.                      | Manganese Ore India Ltd. (MOIL)                                         | 10                                                                                                                          | 484.95                   |
| 17.                      | Bharat Electronics Ltd. (BEL)                                           | 5                                                                                                                           | 1672.66                  |
| 18.                      | National Hydroelectric Power Corporation Ltd. (NHPC) - (Buyback)        | NA                                                                                                                          | 1948.52                  |
| 19.                      | Neyveli Lignite Corporation Ltd. (NLC)- (Buyback)                       | NA                                                                                                                          | 1429.38                  |
| 20.                      | CPSE-Exchange Traded Fund (CPSE-ETF)                                    | BEL - 0.38, CIL - 0.26,                                                                                                     | 2499.99                  |

|                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | CON COR - 0.55, Ell 0.51, GAil - 0.46, IOCl 0.26, Oil 0.29, ONGC- 0.27, PFC 0.40, REC -                                                                                                                                                                                                                                                                                                                                                                                                          |                        |
|------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------|
| Other Disinvestment    | Other Disinvestment                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 0.50                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                        |
| I.                     | Divestment of SUUTI Holdings and Revenue from SUUTI Holdings                                                                                                                                                                                                                                                                                                                                                                                                                                     | -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 10778.71               |
| Financial Year 2017-18 | Financial Year 2017-18                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | Financial Year 2017-18                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | Financial Year 2017-18 |
| CPSEs' Disinvestment   | CPSEs' Disinvestment                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                        |
| I.                     | Hindustan Copper ltd. (HCl) - (Employees' OFS)                                                                                                                                                                                                                                                                                                                                                                                                                                                   | .07                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 3.73                   |
| 2.                     | National Aluminium Company Ltd. (NAlCO)                                                                                                                                                                                                                                                                                                                                                                                                                                                          | 9.2125                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 1,191.73               |
| 3.                     | Housing & Urban Development Corporation Ltd. (HUDCO)                                                                                                                                                                                                                                                                                                                                                                                                                                             | 10.193                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 1,207.35               |
| 4.                     | Oil India Ltd. (Oil) - (Buyback)                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | NA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 1,135.26               |
| 5.                     | Rashtriya Chemicals and Fertilizers Ltd. (RCFL)                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 205.15                 |
| 6.                     | National Fertilizers Ltd. (NFL)                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 15                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 530.72                 |
| 7.                     | Hindustan Copper Ltd. (HCL)                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 6.83                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 404.71                 |
| 8.                     | Cochin Shipyard Ltd. (CSL)                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 25                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 470.01                 |
| 9.                     | Engineers India Ltd. (ElL) - (Buyback)                                                                                                                                                                                                                                                                                                                                                                                                                                                           | NA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 657.81                 |
| 10.                    | National Thermal Power Corporation Ltd. (NTPC)                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 6.63                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 9,117.92               |
| II.                    | Bharat Electronics Ltd. (BEL) - (Employees' OFS)                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 0.25                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 79.51                  |
| 12.                    | National Thermal Power Corporation Ltd. (NTPC)                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 0.12                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 151 14                 |
| 13.                    | Bharat Dynamics Ltd. (BDl) - (Buyback)                                                                                                                                                                                                                                                                                                                                                                                                                                                           | NA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 450.53                 |
| 14.                    | Neyveli lignite Corporation Ltd. (NlC)                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 722.29                 |
| 15.                    | Hindustan Copper Ltd. (HCL) - (Employees' OFS)                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 0.0064                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 0.36                   |
| 16.                    | National Aluminium Corporation Ltd. (NALCO) - (Employees' OFS)                                                                                                                                                                                                                                                                                                                                                                                                                                   | 0.4                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 50.51                  |
| 17.                    | Bharat 22 ETF: (I) Axis Bank Ltd. 1.49%, (2) Bank of Baroda 0.89%, (3) BEL 2.01%, (4) BPCl 1.03%, (5) Cll 0.51%, (6) Ell 3.55%, (7) Gail India Ltd. 1.39%, (8) ITC Ltd. 1.05%, (9) Indian Bank 0.38%, (10) IOCl 0.60%, (II) l&T Ltd. 2.45%, (12) NBCC (India) ltd. 0.82%, (13) NHPC Ltd. 0.90%, (14) NLC India Ltd. 0.43%, (15) NTPC Ltd. 1.19%, (16) NAlCO Ltd. 7.87%, (17) ONGC 0.59%, (18) PFC 0.71%, (19) PGCll 1.63%, (20) REC 0.91%, (21) SJVN Ltd. 0.40%, (22) State Bank of India 0.77%. | Bharat 22 ETF: (I) Axis Bank Ltd. 1.49%, (2) Bank of Baroda 0.89%, (3) BEL 2.01%, (4) BPCl 1.03%, (5) Cll 0.51%, (6) Ell 3.55%, (7) Gail India Ltd. 1.39%, (8) ITC Ltd. 1.05%, (9) Indian Bank 0.38%, (10) IOCl 0.60%, (II) l&T Ltd. 2.45%, (12) NBCC (India) ltd. 0.82%, (13) NHPC Ltd. 0.90%, (14) NLC India Ltd. 0.43%, (15) NTPC Ltd. 1.19%, (16) NAlCO Ltd. 7.87%, (17) ONGC 0.59%, (18) PFC 0.71%, (19) PGCll 1.63%, (20) REC 0.91%, (21) SJVN Ltd. 0.40%, (22) State Bank of India 0.77%. | 14,500                 |
| 18.                    | Mazagon Dock Shipbuilders ltd. (MDL) - (Buyback)                                                                                                                                                                                                                                                                                                                                                                                                                                                 | NA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 253.48                 |
| 19.                    | Security Printing & Minting Corporation of India Ltd. (SPMCIL) - (Buyback)                                                                                                                                                                                                                                                                                                                                                                                                                       | NA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 455.00                 |
| 20.                    | Ircon International Ltd. (I RCON) - (Buyback)                                                                                                                                                                                                                                                                                                                                                                                                                                                    | NA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 190.59                 |

I

| 21.                            | Hindustan Aeronautics Ltd. (HAL) - (Buyback)                                    | NA                             | 921.50                         |
|--------------------------------|---------------------------------------------------------------------------------|--------------------------------|--------------------------------|
| 22.                            | Garden Reach Shipbuilders & Engineers Ltd. (GRSE) - (Buyback)                   | NA                             | 77.62                          |
| 23.                            | Hospital Services Consultancy Corporation Ltd. (HSCC Ltd.) - (Buyback)          | NA                             | 49.55                          |
| 24.                            | National Buildings Construction Corporation Ltd. (NBCC Ltd.) - (Employees' OFS) | 0.21                           | 29.96                          |
| 25.                            | National Mineral Development Corporation Ltd. (NMDC Ltd.)                       | 2.52                           | 1,223.13                       |
| 26.                            | Satluj Jal Vidyut Nigam Ltd. (SJVN Ltd.)- (Buyback)                             | NA                             | 558.68                         |
| 27.                            | Antrix Corporation Ltd. - (Buyback)                                             | NA                             | 238.92                         |
| 28.                            | Bharat Electronics Ltd. (BEL) - (Buyback)                                       | NA                             | 217.76                         |
| 29.                            | Manganese Ore (India) Ltd. (MOIL) - (Buyback)                                   | NA                             | 130.85                         |
| 30.                            | Bharat Dynamics Ltd. (BDL)                                                      | 12                             | 950.35                         |
| 31.                            | Hindustan Aeronautics Ltd. (HAL)                                                | 10                             | 4,054.66                       |
| Listing of Insurance Companies | Listing of Insurance Companies                                                  | Listing of Insurance Companies | Listing of Insurance Companies |
| I.                             | General Insurance Corporation of India (GIC)                                    | 12.50                          | 9,704.16                       |
| 2.                             | The New India Assurance Company Ltd. (NIA)                                      | 11.65                          | 7,653.32                       |
| I Other Disinvestments         | I Other Disinvestments                                                          | I Other Disinvestments         | I Other Disinvestments         |
| I.                             | Disinvestment of holdings in SUUTI*                                             | -                              | 4,153.65                       |
| 2.                             | HPCL - ONGC Deal                                                                | 51.11                          | 36,915.00                      |
| 3.                             | Income from Management ofSUUTI's Investment                                     | -                              | 1,400.00                       |

*SUUTI: Specified Undertaking of Unit Trust of India.

(C): During the year 2017-18, 51.11% of the Government of India's share holding in Hindustan Petroleum Corporation Ltd (HPCL) has been sold to another CPSE, namely, Oil and Natural Gas Corporation Ltd. (ONGC).

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