Govt in­vites bids for NPCC, HSCC

The Hindu Business Line - - NEWS - PTI

The gov­ern­ment has in­vited bids from Cen­tral public sec­tor en­ter­prises (CPSEs) for buy­ing its en­tire share­hold­ing in con­sul­tancy firms, NPCC and HSCC, as it looks to bring all ad­vi­sory busi­ness un­der one out­fit. The gov­ern­ment wants to sell its en­tire 98.99 per cent stake in Na­tional Projects Con­struc­tion Cor­po­ra­tion (NPCC) and 100 per cent in Hos­pi­tal Ser­vices Con­sul­tancy Cor­po­ra­tion (HSCC), but only to Cen­tral PSUs, ac­cord­ing to a no­tice invit­ing bids.

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