List Public Sector Companies in India Privatised or Acquired or Merged


Doodlebrary

Doodlebrary

April 24, 2024

Sr. No.Company name when it was a PSUPrivatised (year)Present owner
1.      Modern Food Industries2000Grupo Bimbo
2.      Hindustan Teleprinters Limited2001Himachal Futuristic Communications (HFCL)
3.      Bharat Aluminum Company2001Vedanta Resources
4.      Hindustan Zinc2001Vedanta Resources (64.92%), Government of India (29.54%)
5.      CMC Limited2001TCS
6.      Jessop & Company2003Ruia Group
7.      The Madras Aluminium Company Limited (MALCO)2004Vedanta Resources
8.      Maruti Suzuki2007Maruti Suzuki
9.      Indian Petrochemicals Corporation Limited2007Reliance Industries
10.   MMTC PAMP India Private Limited2008PAMP , SA Switzerland (71%), Government of India (29%)
11.   Hindustan Steelworks Construction Limited2017NBCC
12.   Donyi Polo Ashok Hotel2017Government of Arunachal Pradesh (joint venture, Government of India sold its stake to the Government of Arunachal Pradesh)
13.   Madhya Pradesh Ashok Hotel Corporation2017Government of Madhya Pradesh (transferred ownership to the Government of Madhya Pradesh)
14.   Bharatpur Ashok Hotel Corporation2017Government of Rajasthan (transferred ownership to the Government of Rajasthan)
15.   Srinagar Centaur Hotel2017Government of Jammu and Kashmir (transferred ownership to the Government of Jammu and Kashmir)
16.   Pondicherry Ashok Hotel Corporation2017Government of Puducherry (transferred ownership to the Government of Puducherry)
17.   Hotel Janpath2018Bloom Hotel Group
18.   Patliputra Ashok Hotel Corporation2018Government of Bihar (transferred ownership to the Government of Bihar)
19.   Mangalore Refinery & Petrochemicals2018merged with HPCL
20.   Dredging Corporation of India2018Broken up among four ports: Vishakhapatnam Port Trust, Paradeep Port Trust, Jawaharlal Nehru Port Trust and Kandla Port Trust
21.   HSCC2018acquired by NBCC
22.   Rural Electrification Corporation Limited2018acquired by Power Finance Corporation
23.   Hindustan Petroleum Corporation Limited2018acquired by Oil and Natural Gas Corporation (ONGC)
24.   Kamarajar Port2019Chennai Port Trust
25.   North Eastern Electric Power Corporation Limited (NEEPCO)2020acquired by NTPC Limited
26.   Tehri Hydro Development Corporation2020acquired by NTPC Limited (74.23%), Government of Uttarakhand (25.77%)
27.   Mahanagar Telephone Nigam Limited (MTNL)2020merged with Bharat Sanchar Nigam Limited (BSNL)
28.   Hindustan Newsprint2020Government of Kerala (transferred ownership to the Government of Kerala)
29.   Ranchi Ashok Bihar Hotel Corporation2020Government of Jharkhand (transferred ownership to the Government of Jharkhand}
30.   Jammu Ashok Hotel Corporation2020Government of Jammu and Kashmir (transferred ownership to the Government of Jammu and Kashmir)
31.   Air India2021Tata Group
32.   Air India Express Limited2021Tata Group
33.   Air India-SATS (AISATS)2021Tata Group (50%), Singapore Airlines (50%)

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