Finmin Lines up 16 PSUs for Disinvestment

Finance Ministry has drawn up a list of 16 PSUs including ONGC   , Oil India   and Coal India   for disinvestment in 2016-17 which could fetch the exchequer Rs 40,000 crore at current stock value. The list includes state-owned companies such as NMDC   , MOIL   , MMTC   , National Fertilisers , NHPC   , NALCO   and Bharat Electronics   , sources said. Based on the current market prices, the stake sales could fetch the exchequer around Rs 40,000 crore.

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