New Delhi: The Centre has plans to sell 5 per cent stake in Bharat Heavy Electricals Ltd next month through a block deal to state-owned financial institutions and PSUs to raise nearly Rs 2,100 cr.
Sources said, the disinvestment department is in talks with SBI, PNB and few cash-rich PSUs for sale of Centre's stake in BHEL.
An empowered group of ministers had cleared the sale of 10 pc stake in Indian Oil Corporation last week, through a block deal to Oil India and ONGC, in order to garner Rs 5,000 crore.