Bridge And Roof Disinvestment

We strongly feel that bridge roof does not deserve a degraded evaluation resulting in the decision for 100 disinvestment by the government the statement added.

Bridge and roof disinvestment.

Bridge and roof pim 25 october 2018 2 nd timeline extension eoi for strategic disinvestment of b r timeline extension eoi for strategic disinvestment of b r. Bridge roof is executing jobs on a nomination basis worth several crores of rupees for the central and state government and any change in the composition may lead to termination of such contracts the employees said. A tussle has broken out over calcutta based bridge roof between a section of the government including niti aayog officials which is in favour of a strategic divestment in the engineering company and the heavy industries ministry that wants to merge it with engineering projects india ltd epil. Besides the government wants to sell its 99 35 percent stake in kolkata based construction company bridge roof co which is under the control of the heavy industries ministry.

The one source multi discipline engineering company established in 1920 bridge and roof has since come under the administrative control of the department of heavy industry ministry of heavy industries and public enterprises government of india. Roof observes rajbhasha pakhwada from 14 09 2020 to 28 09 2020. During 2016 17 the centre had first mooted the plan to divest its 99 35 per cent stake in this engineering procurement and construction epc miniratna company and invited expression of interest from investors in 2018. The government wants to sell its entire 98 99 percent stake in national projects construction corporation npcc and 100 percent each in hospital services consultancy.

Citing doubling of the order book and rise in profitability bridge and roof company india ltd b r is considering writing to the centre to reconsider the disinvestment plan.