The announcement followed strategic sale of state owned power companies THDC and NEEPCO Friday, which netted the government Rs 11,500 crore.
"Department of investment and public asset management (DIPAM) completed strategic disinvestment of GOI stake of 66.67% in Kamarajar Port Ltd in favour of Chennai Port Trust at a consideration of Rs 2,383 crore," the department said.
ET had reported earlier this week that strategic divestments of the three entities was nearing completion and proceeds of the same will get accrued to the government coffers within the month.
As of March 27, the total earning from divestment for the government stands at Rs 48,737 crore, which still falls short of the revised target of Rs 65,000 crore for the ongoing financial year.
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