28 new central PSUs set up in recent years, says govt survey
As many as 28 central public sector enterprises (CPSEs), including a few "shell companies", have been set up in the recent past and are in various stages of development, said a government survey.
By PTI |
NEW DELHI: As many as 28 central public sector enterprises (CPSEs), including a few "shell companies", have been set up in the recent past and are in various stages of development, said a government survey.
The significant ones include Bharatiya Nabhakiya Vidyut Nigam (BHAVANI) with an authorised capital of Rs 5,000 crore, Dedicated Freight Corridor Corporation of India (Rs 4,000 crore) and Sethusamudram Corporation (Rs 1,000 crore), said the Public Enterprises Survey 2007-08.
The other important CPSEs which have been added to the list of the state-owned companies during the past few years include NTPC Hydro, Bharat Pertoresources and Bhramputra Cracker and Polymer.
The largest upcoming state-owned company BHAVANI, which has a paid-up capital of Rs 978 crore, was formed to construct, commission and operate 500 MWe Prototye Fast Breeder Nuclear Reactor project at Kalapakkam in Tamil Nadu.
The survey added only six of the 28 new CPSEs have an authorised capital of over Rs 50 crore, while others are shell companies, JVs and arms of blue-chip state-run firms.
Work on several of these CPSEs began much before the global financial meltdown which has made the state-owned companies preferred job destinations for students passing out from country's elite institutions like Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs).
The significant ones include Bharatiya Nabhakiya Vidyut Nigam (BHAVANI) with an authorised capital of Rs 5,000 crore, Dedicated Freight Corridor Corporation of India (Rs 4,000 crore) and Sethusamudram Corporation (Rs 1,000 crore), said the Public Enterprises Survey 2007-08.
The other important CPSEs which have been added to the list of the state-owned companies during the past few years include NTPC Hydro, Bharat Pertoresources and Bhramputra Cracker and Polymer.
The largest upcoming state-owned company BHAVANI, which has a paid-up capital of Rs 978 crore, was formed to construct, commission and operate 500 MWe Prototye Fast Breeder Nuclear Reactor project at Kalapakkam in Tamil Nadu.
The survey added only six of the 28 new CPSEs have an authorised capital of over Rs 50 crore, while others are shell companies, JVs and arms of blue-chip state-run firms.
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Work on several of these CPSEs began much before the global financial meltdown which has made the state-owned companies preferred job destinations for students passing out from country's elite institutions like Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs).
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