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Tenders invited from EIA and other PSUs to buyout PDIL

The Government has invited bids from Engineers India Ltd. (EIl) or other similarly placed PSUs to buy out its 100 per cent shareholding in consultancy firm PDIl. Miniratna PSU Projects & Development India ltd (PDIl) is under the administrative control of Chemical and Fertilizers Ministry.

“The Government of India has 'in-principle' decided to disinvest 100 per cent of its shareholding in PDIl through strategic disinvestment with transfer of management control to Engineers India ltd (EIl) or other similar Central Public Sector Enterprises (CPSEs),” said the Preliminary Information Memorandum inviting Expression of Interest. Expression of Interest for PDIl buyout would have to be sent by November 9.

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