The government will finalise merchant bankers for managing disinvestment of NHPC, which is expected to mop up over Rs 2,200 crore to the exchequer, according to reports.
Reports said that they are about 10 merchant bankers, including Credit Suisse, ICICI Securities, SBI Cap and HSBC which have evinced interest in managing stake sale.
The government plans to sell 11.36% of its stake, or its 120 crore shares of NHPC through Offer For Sale (OFS).
Government currently holds 86.36% stake in NHPC.
Reports said that they are about 10 merchant bankers, including Credit Suisse, ICICI Securities, SBI Cap and HSBC which have evinced interest in managing stake sale.
The government plans to sell 11.36% of its stake, or its 120 crore shares of NHPC through Offer For Sale (OFS).
Government currently holds 86.36% stake in NHPC.
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