The government is likely to go ahead with divestment in 12-15 public sector units, including SAIL, Coal India, Hindustan Copper, SJVNL and EIL among others next fiscal to raise Rs 40,000 crore, as stated in the budget. The sell-off roadmap for the next fiscal will be prepared by the end of next month and may include BSNL as well.

Divestment in some of these companies will be through initial public offers while in some others it will be follow-on public offers. The disinvestment in Satluj Jal Vidyut Nigam (SJVNL) would be carried out in April, Engineers India in May-June, SAIL in August-September and Coal India around the end of the year.