# India plans to merge four PSUs with similar CPSEs

The Indian finance ministry plans to merge Hindustan Prefab, Engineering Projects (India), HSCC (India) and National Projects Construction Corporation with similarly placed CPSEs. The move follows the 2017-18 Budget proposal on PSU mergers.

- Type: Regulation
- Announced: 2017-02-03
- Where: India
- Status: announced

## Companies

- [Hindustan Prefab](https://endata.com/companies/877.md) (target)
- [Engineering Projects (India)](https://endata.com/companies/878.md) (target)
- [HSCC (India)](https://endata.com/companies/879.md) (target)
- [National Projects Construction Corporation](https://endata.com/companies/880.md) (target)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/business/india-business/govt-plans-strategic-sale-of-3-psus-merger-of-4/articleshow/56959819.cms), 2017-02-03: "the finance ministry wants to merge four PSUs -- Hindustan Prefab, Engineering Projects (India) Ltd, HSCC (India) Ltd and National Projects Construction Corporation -- with similarly-placed CPSEs."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.