Cabinet approves IOC, NTPC stake sale; may fetch Rs 13,000 crore
The proposed share sale of 5 per cent in NTPC would fetch the government Rs 5,565 crore while that of 10 per cent in IOC would bring in Rs 7,932 crore.
New Delhi Last Updated: May 13, 2015 | 12:48 IST
While the stake sale in IOC is likely to garner Rs 9,000 crore for the exchequer, NTPC stake sale will add Rs 6,000 crore to its coffers. (Photo: Reuters)