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KALPTARU POWER TRANSMISSION
Stocks in the news: SBI, RIL, L&T, HCL Tech, Jet Airways, Mindtree and Tata MotorsL&T said it won’t raise its offer price to acquire control of Mindtree.- Power Ministry approaches CCEA to hive-off PGCIL's grid operating unit POSOCOThe unit is sought to be hived-off into an independent company to avoid conflict of interest in the power transmission sector.
- Government plans global bids for Rs 20,000 crore power projectsGovernment plans to invite global bids for a dozen interstate transmission projects worth over Rs 20,000 crore in the next two months.
- Only serious players bid for power transmission projectsThe number of bidders has fallen to 12 from 35 a year ago and companies are making realistic bids now, industry officials said.
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