Strategic Disinvestment Policy of 2015-20 rests on key pillars - Minority stake stale by SEBI approved modes and Strategic Disinvestment along with transfer of management control. Strategic disinvestment of CPSEs lies at the heart of the disinvestment policy. Strategic disinvestment would imply the sale of substantial portion of the Government shareholding of a central public sector enterprise (CPSE) of upto 50%, or such higher percentage as the competent authority may determine, along with transfer of management control.


EOIs - Currently Available


EOIs - Closed (Transaction in Stage II)


EOIs - In Pipeline

Disinvestment Policies

S.No Title View / Download
1 Constitution of Selection Committee for appointment of Intermediaries. View Download
2 Revised functions of IMG for strategic disinvestment. View Download
3 New Public Sector Enterprise (PSE) Policy for Atmanirbhar Bharat View Download
4 Proforma for application for Security Clearance of Bidders for Strategic Disinvestment View Download
5 Instructions on Strategic disinvestment of Subsidiaries/Units/Joint Ventures to be driven by the IMG chaired by Secretary, DIPAM and co-chaired by Secretary, Administrative Department View Download
6 Instructions on revised composition and functions of the Inter-Ministerial Group (IMG) View Download
7 Instructions on constitution of Evaluation Sub-Committee (ESC) View Download
8 Instructions on constitution of Consultative Group View Download
9 Valuation Methodology View Download
10 Understanding the Strategic Sale Agreement View Download
11 Strategic Disinvestment View Download
12 Instructions Regarding-Role of Administrative Department View Download
13 Instructions Regarding-NITI Aayog View Download
14 Disinvestment Policy Procedures and Progress View Download

Strategic Disinvestment Proceeds

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S. No. Name of Transaction Financial Year ( RS.CRORE)
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Strategic Disinvestment Updates

S.No Title CPSEs Name Date View / Download
1 CORRIGENDUM-I - AMENDMENT TO THE PRELIMINARY INFORMATION MEMORANDUM INVITING EXPRESSION OF INTEREST FOR DIVESTMENT OF 93.71% STAKE OF MMTC, NMDC, MECON, BHEL, OMC & IPICOL IN NEELACHAL ISPAT NIGAM LIMITED ALONG WITH TRANSFER OF MANAGEMENT AND CONTROL NEELACHAL ISPAT NIGAM LTD. Mar 15, 2021 View Download
2 RESPONSES TO QUERIES OF INTERESTED BIDDERS - GLOBAL INVITATION FOR EXPRESSION OF INTEREST (EOI) FOR PROPOSED STRATEGIC DISINVESTMENT OF NEELACHAL ISPAT NIGAM LIMITED (NINL) BY GOVERNMENT OF INDIA (GoI) NEELACHAL ISPAT NIGAM LTD. Mar 15, 2021 View Download
3 UNAUDITED ACCOUNTS FOR THE YEAR 2019-2020 Of NEELACHAL ISPAT NIGAM LIMITED (NINL) NEELACHAL ISPAT NIGAM LTD. Mar 15, 2021 View Download
4 Engagement of Transaction Advisor for Partial Disinvestment of the Government of India’s equity shareholding in a CPSE under the administrative control of Ministry of Railways along with transfer of management control - Request for Proposal CONTAINER CORPORATION OF INDIA LTD. Mar 2, 2021 View Download
5 Corrigendum 2 on Preliminary Information Memorandum (PIM) for inviting EOI issued on 4th January 2021 concerning Strategic Disinvestment in BEML BEML LTD. Feb 26, 2021 View Download
6 Corrigendum 1 on Preliminary Information Memorandum (PIM) for inviting Expression of Interest for Strategic Disinvestment of BEML Limited BEML LTD. Feb 15, 2021 View Download
7 Response to the Queries on Preliminary Information Memorandum (PIM) for inviting Expression of Interest for Strategic Disinvestment of BEML Limited BEML LTD. Feb 15, 2021 View Download
8 Corrigendum on Preliminary Information Memorandum (PIM) for inviting Expression of Interest for Strategic Disinvestment of Shipping Corporation of India Limited (SCIL) SHIPPING CORPORATION OF INDIA LTD. Feb 12, 2021 View Download
9 Response to the queries on Preliminary Information Memorandum (PIM) for inviting Expression of Interest for Strategic Disinvestment of Shipping Corporation of India Limited (SCIL) SHIPPING CORPORATION OF INDIA LTD. Feb 12, 2021 View Download
10 Presentation Schedule for selection of Merchant Banker cum Selling Brokers for disinvestment of entire shareholding of GoI in TCL through OFS/Sale to Strategic Partner TATA COMMUNICATIONS LTD. Feb 5, 2021 View Download
11 Corrigendum and clarification on the queries raised in pre bid meeting regarding engagement of MBs cum Selling Brokers for disinvestment of GoI holding in TCL erstwhile VSNL TATA COMMUNICATIONS LTD. Jan 28, 2021 View Download
12 GLOBAL INVITATION FOR EXPRESSION OF INTEREST FOR PROPOSED STRATEGIC DISINVESTMENT OF SHAREHOLDING OF MMTC (49.78%), NMDC (10.10%), MECON (0.68%) AND BHEL (0.68%) AND TWO GOVERNMENT OF ODISHA STATE PSUS NAMELY IPICOL (12%) AND OMC (20.47%) IN NEELACHAL ISPAT NIGAM LIMITED ALONG WITH TRANSFER OF MANAGEMENT AND CONTROL NEELACHAL ISPAT NIGAM LTD. Jan 25, 2021 View Download
13 First Corrigendum to PIM for Strategic disinvestment of Pawan Hans Ltd. (PHL) PAWAN HANS LTD. Jan 15, 2021 View Download
14 Preliminary Information Memorandum (PIM) for inviting Expression of Interest for Strategic Disinvestment of BEML Limited BEML LTD. Jan 3, 2021 View Download
15 Eleventh Corrigendum to PIM for Strategic disinvestment of Air India and its Subsidiaries. AIR INDIA LTD. Dec 30, 2020 View Download
16 Preliminary Information Memorandum (PIM) for inviting Expression of Interest for Strategic Disinvestment of Pawan Hans Limited. PAWAN HANS LTD. Dec 8, 2020 View Download
17 Clarifications sought by Interested Bidders on PIM for the Strategic Disinvestment of Air India AIR INDIA LTD. Nov 12, 2020 View Download
18 Clarification/ Corrigendum with respect to Preliminary Information Memorandum (PIM), issued on 7th March, 2020, for inviting expression of interest for strategic disinvestment of BPCL BHARAT PETROLEUM CORPN. LTD. Nov 6, 2020 View Download
19 Ninth Corrigendum with regard to strategic disivnestment of Air India AIR INDIA LTD. Oct 29, 2020 View Download
20 Corrigendum for Extension of date for submission of EoI for strategic disinvestment of BPCL BHARAT PETROLEUM CORPN. LTD. Sep 30, 2020 View Download
21 Replies to the Pre-bid queries on PIM inviting expression of interest for strategic disinvestment of BPCL BHARAT PETROLEUM CORPN. LTD. Sep 4, 2020 View Download
22 Amendments in the Preliminary Information Memorandum (PIM), issued on 7th March, 2020, for inviting expression of interest for strategic disinvestment of BPCL BHARAT PETROLEUM CORPN. LTD. Sep 4, 2020 View Download
23 Eighth Corrigendum to PIM for Strategic disinvestment of Air India and its Subsidiaries regarding extension of last date for submission of EoI AIR INDIA LTD. Aug 25, 2020 View Download
24 Clarifications on RFP regarding engagement of Asset Valuer for strategic disinvestment in PDIL PROJECTS AND DEVELOPMENT INDIA LTD. Aug 5, 2020 View Download
25 Extension of date of submission of EoI for BPCL BHARAT PETROLEUM CORPN. LTD. Jul 29, 2020 View Download
26 Corrigendum Notice-change in the timing of Pre-bid meeting -appointment of Asset Valuer for SD of PDI PROJECTS AND DEVELOPMENT INDIA LTD. Jul 20, 2020 View Download
27 Corrigendum to Global invitation for EoI for proposed strategic disinvestment of BPCL BHARAT PETROLEUM CORPN. LTD. May 26, 2020 View Download
28 Sixth Corrigendum to PIM for Strategic disinvestment of Air India and its Subsidiaries regarding extension of last date for submission of EoI AIR INDIA LTD. Apr 28, 2020 View Download
29 Clarifications to the queries sought by Interested Bidders on PIM for Strategic disinvestment of Air India and its Subsidiaries AIR INDIA LTD. Apr 9, 2020 View Download
30 Fifth Corrigendum to PIM for Strategic disinvestment of Air India and its Subsidiaries AIR INDIA LTD. Apr 9, 2020 View Download
31 Corrigendum to Global invitation for EoI for proposed strategic disinvestment of BPCL BHARAT PETROLEUM CORPN. LTD. Mar 31, 2020 View Download
32 GLOBAL INVITATION FOR EOI FOR STRATEGIC DISINVESTMENT OF 1,14,91,83,592 EQUITY SHARES (52.98%) HELD BY GOVERNMENT OF INDIA IN BHARAT PETROLEUM CORPORATION LIMITED BHARAT PETROLEUM CORPN. LTD. Mar 7, 2020 View Download
33 Preliminary Information Memorandum (PIM) For Inviting Expression of Interest (EoI) For Strategic Disinvestment of Bharat Petroleum Corporation Limited (BPCL) BHARAT PETROLEUM CORPN. LTD. Mar 7, 2020 View Download