![Halfway through fiscal, is privatisation losing way?](https://images.assettype.com/fortuneindia%2F2022-01%2Fbd514f37-0ba3-4404-a4a4-9312702c926d%2FGov_to_Pvt__1_.jpg?w=300&q=95)
Halfway through fiscal, is privatisation losing way?
Poor due diligence and planning led to the calling-off of privatisation at BPCL, CEL, Pawan Hans
Poor due diligence and planning led to the calling-off of privatisation at BPCL, CEL, Pawan Hans
While the reserve price fixed by the government for CEL was ₹194 crore, Nandlal quoted ₹210 crore.
Central Electronics Limited is developing critical frontier technologies for defence and space, and is of strategic interest to India
Congress says strong financials of CEL warranted a higher reserve price, govt valued company at 44% of its land value and 20% of equity valuation.