The government has extended the deadline to submit bids for national carrier Air India Ltd to 30 June. The earlier deadline to submit expressions of interest (EoI) for the national carrier was 30 April, before the deadline was extended from 17 March.
The latest decision by the government comes amidst a lockdown initiated by the government to contain covid-19 outbreak, which has severely hurt the economy, and investment sentiments from potential investors.
The changes are as per the requests received from interested bidders in view of the prevailing situation arising out of covid-19 pandemic, the Department of Investment and Public Asset Management (DIPAM) said in a notification.