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(posted under - disinvestment news) - The government may sell 10 percent of its stake through a public offering in power producer Satluj Jal Vidyut Nigam Ltd. The Himachal Pradesh government holds 25 percent stake in the firm, while the remaining 75 percent is held by the federal government. "
Himachal Pradesh government has given NOC (to the federal government) and we have supplied them a roadmap for disinvestment in seven months," the company official told reporters. The company currently has a capacity to generate 1,500 megwatt of hydro power and it aims to raise the capacity to 4,800 MW by 2017. He said the roadmap was supplied two months back to the Department of Disinvestment.
Tuesday, August 25, 2009
Disinvestment updates - Govt to sell stake Satluj Jal vidyut
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I am a CA by profession and I was looking to get some latest India GDP news so I stopped at your blog. I also like to share with you that according to Nasscom study, the current size of BPO industry is $11 billion and it is expected to grow by five-fold in size to $50 billion by the year 2012. This growth in Indian BPO will add nearly 2.5 percent to the India's GDP from the export earnings and employment to nearly 2 million people.
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