 "PSU, Privatisation")
Following the successful completion of the Air India sale, the government has now received financial bids for strategic divestment of Central Electronics Ltd, taking the privatisation process of the public sector undertaking (PSU) to the concluding stage.
Financial bids for strategic disinvestment of Central Electronics Ltd (CEL) were received by Transaction Adviser, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said in a tweet.
The government is looking to disinvest its 100 per cent shareholding in the PSU under the administrative control of the Ministry of Science and Technology. The criteria for the interested buyer of
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