Lok Sabha Question No. 4603 (UNSTARRED), answered on 2020-03-23
Subject: Disinvestment of BPCL and SCI
Ministry: FINANCE
Asked by: D.K. Suresh

## GOVERNMENT OF INDIA

## MINISTRY OF FINANCE

## DEPARTMENT OF INVESTMENT AND PUBLIC ASSET MANAGEMENT

## LOK SABHA UNSTARRED QUESTION No. 4603

TO BE ANSWERED ON Monday, March 23,2020 Chaitra 3 , 1942 (Saka)

## Disinvestment of BPCL and SCI

4603 . SHRI D. K SURESH:

Will the Minister of FINANCE be pleased to state:

- (a) whether the   Government is   disinvesting five Public Sector Units   (PSUs)   including majority stakes in bluechip oil company Bharat Petroleum Corporation Limited (BPCL) and Shipping Corporation of India (SCI);
- (b) if so, the details thereof;
- (c) the details of turnovers and profit of the said companies for the last ten years; and
- (d) the details of total asset values including land values of the said companies?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE

## (SHRI ANURAG SINGH THAKUR)

- (a) & (b) On 20.11.2019, the CCEA has given in-principle approval for the strategic disinvestment of five CPSEs. as under:
- Bharat Petroleum Corporation Ltd.
- (a) Strategic disinvestment of Government of India shareholding of 53.29% in Bharat Petroleum Corporation Ltd (except its equity shareholding of 61.65% in Numaligarh Refinery Limited (NRL) and management control thereon) along with transfer of
- management control to & strategic buyer.
- (b transfer of management control to a Central Public Sector Enterprise (CPSE) operating in
- the Oil and Gas Sector:

## Shipping Corporation of India Ltd.

Strategic  disinvestment of Government of India shareholding of 63.75% in Shipping Corporation of India Ltd along with transfer of management control to a strategic buyer:

## (iii) Container Corporation of India Ltd: (CONCOR)

Strategic disinvestment of Government of India shareholding of 30.8% (out of 54.8% equity presently held by the Government of India) with transfer of management control to & strategic buyer. along

## (iv) THDC India Limited (THDCIL)

Strategic disinvestment of Government of India shareholding of 74.23% in THDCIL with   transfer of management control t0 an  identified CPSE strategic namely\_ NTPC in modification of the earlier decision of CCEA dated 28.12.2018 for of THDCIL along listing

## North Eastern Electric Power Corporation Limited (NEEPCO)

Strategic disinvestment of Government of India shareholding of 100% in NEEPCO with  transfer of' management  control to an  identified CPSE strategic namely; NTPC, in modification of the earlier decision of CCEA dated 12.4.2017 for of NEEPCO along buyer, listing

- (c) & (d) Information is given at Annexure-]

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