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    You are at:Home » Pawan Hans Employee Union Urges PMO to Merge Company with ONGC

    Pawan Hans Employee Union Urges PMO to Merge Company with ONGC

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    By khabarindia on August 9, 2017 PSU

    (BS)

    Pawan Hans could be merged with state-owned ONGC or made its subsidiary, a section of employees at the helicopter service provider has suggested even as they opposed the government’s disinvestment plan.
    The All India Civil Aviation Employees’ Union (AICAEU) has again written to the Prime Minister’s Office seeking intervention for reconsideration of the decision to sell 100 per cent stake in Pawan Hans.

    Pawan Hans — where the Centre and ONGC hold 51 per cent and 49 per cent stake, respectively — has more than 900 employees, including 450 on permanent roll. The union claims to represent around 300 employees of Pawan Hans. In a letter dated August 7, the union has suggested that Pawan Hans be merged with ONGC or made a subsidiary company by way of increasing ONGC’s stake to 51 per cent.
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