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Cabinet gives approval for disinvestment of 5 CPSEs including BPCL

Updated : November 20, 2019 10:42 PM IST

The government will sell its stake in THDC India and North Eastern Electric Power Corporation Ltd (NEEPCO) to state-owned NTPC Ltd.
Finance minister said the Cabinet has also approved cutting government's stake in select PSUs below 51 percent while retaining management control.
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