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Finance Ministry proposes BHEL stake sale through block deal to financial institutions: report

Facing opposition from the Heavy Industries Department on disinvestment in Bharat Heavy Electricals Ltd (BHEL), the Finance Ministry is considering a 5 per cent stake sale in the power plant equipment maker to financial institutions through block deal route. "For BHEL divestment, we are considering the possibility of a block deal with state financial institutions," a senior Finance Ministry official said. State financial institu...
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