{"id":19350,"date":"2022-03-03T19:01:27","date_gmt":"2022-03-03T13:31:27","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-pdil-sale\/"},"modified":"2022-03-03T19:02:20","modified_gmt":"2022-03-03T13:32:20","slug":"biz-pdil-sale","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-pdil-sale\/","title":{"rendered":"Govt gets multiple EoIs for PDIL sale"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4123527258\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Mar 3 (PTI) The government has received multiple expressions of interest for privatisation of Projects &#038; Development India Ltd (PDIL), DIPAM Secretary Tuhin Kanta Pandey said on Thursday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4274151962\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The Department of Investment and Public Asset Management (DIPAM) had on December 14 invited preliminary bids for selling the government&#8217;s 100 per cent stake in the CPSE which is under Ministry of Chemicals and Fertilisers. The last date for submitting expressions of interest (EoIs) was January 31, which was later extended till February 28.<\/p>\n<p> &#8220;Multiple expressions of interest received for privatisation of Projects &#038; Development India Limited (PDIL). The transaction moves ahead to the next stage,&#8221; Pandey tweeted.<\/p>\n<p> As of March 31, 2021, PDIL has paid-up equity share capital of Rs 17.30 crore, revenue of Rs 129.68 crore and net profit of Rs 19.07 crore.<\/p><div class=\"trade-content_5\" id=\"trade-3331357393\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Incorporated on March 7, 1978, the company provides engineering and consultancy services in design engineering, from concept to commissioning of various projects.<\/p>\n<p> The government has appointed Resurgent India Ltd as its transaction adviser to advise and manage the strategic disinvestment process.<\/p>\n<p> The strategic sale of PDIL is expected to be completed in the next fiscal year (April 2022-March 2023).<\/p>\n<p> In the current fiscal year, the government has mopped up Rs 12,423 crore from PSU disinvestment and strategic sale of Air India. PTI  JD ANU ANU<\/p>\n<div class=\"trade-after-content\" id=\"trade-2770829075\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Mar 3 (PTI) The government has received multiple expressions of interest for privatisation of Projects &#038; Development India Ltd (PDIL), DIPAM Secretary Tuhin Kanta Pandey said on Thursday. The Department of Investment and Public Asset Management (DIPAM) had on December 14 invited preliminary bids for selling the government&#8217;s 100 per cent stake in [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-19350","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Govt gets multiple EoIs for PDIL sale - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-pdil-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt gets multiple EoIs for PDIL sale\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Mar 3 (PTI) The government has received multiple expressions of interest for privatisation of Projects &#038; Development India Ltd (PDIL), DIPAM Secretary Tuhin Kanta Pandey said on Thursday. 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