PAWAN HANS

Aug. 6, 2018

Union Government has decided privatize Pawan Hans, its flagship helicopter service provider, by inviting bids for 100% stake sale in it.

About:

Status: It is a Government of India (GOI) enterprise (with GOI holding 51% stake, and the rest 49% held by government owned ONGC). It has Miniratna
Functions:
- It is the flagship helicopter service provider of the Government of India.
- It provides a variety of services such as Off –Shore operations, connecting inaccessible areas, search and rescue work, VIP transportation, Heli-pilgrims etc.
HQ: Noida, Uttar Pradesh.
Founded in: 1985

Source : The Hindu

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