Power company NTPC is likely to acquire the Central government's stake in SJVN, an official said.
However, the acquisition deal is stuck because of resistance from the Himachal Pradesh (HP) government, the official added.
The transaction would fetch the exchequer aboutRs 67 billion at current market prices.
At the current market price, sale of 63.79 per cent stake in SJVN would fetch the Central government about Rs 67 billion.
The Cabinet on Thursday approved PFC buying the government's 52.63 per cent stake in REC. The transaction would fetch the government Rs 150 billion.
The government has already mopped up over Rs 320 billion from CPSE disinvestment in the current fiscal.