Pawan Hans to Air India, govt identifies assets of 9 PSUs to be put on sale

Sources said valuation of all these assets was an ongoing process, and the mode and manner of disposal would be decided on a case-by-case basis

The central government, looking to exceed its disinvestment target of Rs 800 billion for the current financial year, has identified properties of nine state-owned companies it wants to hive off as soon as possible. 

The companies whose assets the government plans to sell are Air India, Pawan Hans, Hindustan Fluorocarbons, Hindustan Newsprint, Bharat Pumps & Compressors, Scooters India, Bridge and Roof Co, Hindustan Prefab, and Projects & Development India. The assets range from office spaces and apartments in prime localities in Mumbai, Navi Mumbai and the National Capital Region (NCR) to a heliport in Rohini (north Delhi), hangars in other