privatization

News, The Probe

Pawan Hans Investigation Impact: Government Decides to Revamp Bidding Process for Disinvestment of Public Assets

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In a three-part series, the Probe’s Ravi Nair, Abir Dasgupta, and Paranjoy Guha Thakurta revealed the glaring discrepancies in selecting the winning bidder for the disinvestment of the government-owned helicopter service provider Pawan Hans Limited. The Probe has learnt that the government has decided to introduce stringent clauses to the due diligence process on qualified bidders in disinvestment deals of public assets.

Adani Watch, News

Adani’s power grab sparks fears of privatisation

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A grab by the Adani Group for power-transmission licences in Mumbai and a satellite of new Delhi is part of a wider push for privatisation of the power-distribution sector, according to electricity unions. Industrial action in January 2023 prompted government officials to consider this concern. However, the ultimate decision-making authority lies with a regulatory body. Unions protesting about Adani’s move are concerned the company will ‘cherry pick’ its customers.

News, News Click

Privatisation of Pawan Hans: Some Unanswered Questions

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The privatisation of the public sector helicopter operator raises questions that the government so far has refused to answer. An investigation by The Wire and NewsClick. On April 29, 2022, the Cabinet Committee on Economic Affairs approved Star9 Mobility Private Limited’s bid to buy the government’s 51% stake in public sector helicopter service provider Pawan Hans Limited for Rs 211 crore.

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