The government has identified three sick public sector units (PSU), which will be either merged or taken over by the Steel Authority of India Ltd. (SAIL), Bharat Heavy Electricals Ltd. (BHEL) and Hindustan Machine Tools (HMT), Minister of State for Finance Nirmala Sitharaman said in a written reply to the Lok Sabha Friday.
The three sick companies are Praga Tools, Bharat Heavy Plates Vessels and Bharat Refractories.