The board of Power Grid Corporation of India (PGCIL) cleared a proposal to sell 15 per cent stake through Follow on Public Offer in order to raise funds for its investment plans. The company would be able to sell the stake only after getting necessary approval from the government. This would be the second time that Power Grid would be going for FPO after doing the same in November 2010. In September 2007, Power Grid was listed on the bourses.
FlashNews:
DHL Group Expands New Energy Logistics Amid Global Supply Shifts
INâSPACe Funds Three Startups to Propel Indigenous Space Innovation
AM/NS India, IIT Roorkee Forge Strategic Pact for Manufacturing Innovation
Second Heavy Haul Seminar 2026 Charts Future of Rail Freight
Delhi Airport Transfer Traffic Hits 27%, Reinforces Hub Status
CleanMax-GACL Seal Gujaratâs Largest Hybrid RE Partnership for Industrial Decarbonisation
Atlanta Electricals Wins âđ2.85 Billion PSTCL Transformer Order
ULCCS Model Gains Global Spotlight at UN Symposium
India Clears âđ100 Billion ATF Stabilisation Package Amid West Asia Crisis
Chasing 70 GW Ambition, Suzlon 2.0 Reâinvents Wind for Energy Transition
Digi Yatra Crosses 100 Million Journeys, Expands Seamless Travel Across 38 Airports
AM/NS India Wins First PMâSETU Approval, as Andhra Pradesh Leads ITI Transformation
NHAI Finalises Highway Monetisation Plan for FY2026â27
Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
IGIA Deploys SKYCAST, Indiaâs First NextâGen AllâWeather Station to Boost Aviation Safety
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
SEIL Energy India Hosts South Indiaâs First C&I Conference
AM/NS India Sets Global Benchmark with UltraâHigh Strength Welded Pipes
Home » PGCIL stake sale
PGCIL stake sale
Power & New and Renewable Energy
August 1, 2013August 1, 2013


Leave a Reply
You must be logged in to post a comment.