DIPAM declined the debt resolution plan for KSK Mahanadi Power project by PFC and REC. NCLT paused sale in June 2022. Interested companies were NTPC Ltd, Vedanta Ltd, Adani Power Ltd, Jindal Power Ltd.
In the fiscal year 2023-24, the government s dividend collections from non-financial central public sector enterprises and entities with minority stakes reached a record high of ₹63,749 crore, showing a 27.5% increase over the revised estimate. However, disinvestment proceeds fell slightly short of expectations, totaling ₹16,507 crore, mainly due to the IDBI Bank sell-off process spilling over into the current fiscal year. The government achieved divestment through the dilution of minor stakes in 10 entities, primarily via the offer for sale route.
Cabinet secretary Rajiv Gauba called a review meeting with the senior officials of BSNL and MTNL earlier this week to take an update of the monetisation process. “They have been asked to prepare a detailed circle-wise report, with land parcel and reason for the delay or possible hurdles, by May 31,” another official said.
Bsnl News: Cabinet secretary Rajiv Gauba called a review meeting with the senior officials of BSNL and MTNL earlier this week to take an update of the monetisation process. “They have been asked to prepare a detailed circle-wise report, with land parcel and reason for the delay or possible hurdles, by May 31,” another official said.