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NTPC, Nalco, NMDC probables for OFS in DIPAM list

With the sell off target of Rs 1.05 lakh crore increasingly looking difficult to achieve, the Disinvestment department is learnt to have drawn up a list of relatively better performing CPSEs including bluechips like Nalco, NMDC, NTPC, and Coal India to go for Offer for Sale.National Aluminium Co Ltd, Coal India Ltd, NTPC Ltd, NMDC Ltd, and NBCC (India) Ltd, Bharat Electronics Ltd, National Fertilisers Ltd and Hindustan Copper Ltd, are on the list of probables for OFS where the government's shareholding in these companies is in the range of 52-82 per cent. The market offering will be subject to the nod from the Prime Minister's Office and good market conditions to fetch high value of stake sale, said sources.The planned sale of Bharat Petrol.....

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