Govt extends deadline to place bids for PDIL privatisation

The deadline to submit EOIs has been extended to February 28 from January 31, said DIPAM

The Centre has extended the deadline for submitting expression of interest (EOI) by a month to buyout government’s 100 per cent shares in Project and Development India Ltd (PDIL).

The deadline to submit EOIs has been extended to February 28 from January 31 earlier, the Department of Investment and Public Asset Management (DIPAM) said in a notification. The bids by interested parties will be opened on February 28 itself.

PDIL is a public sector undertaking under the administrative control of Department of Fertilizers, Ministry of Chemicals & Fertilizers, and is primarily engaged in providing engineering and consultancy services in design,