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PGCIL BOARD PROPOSALS
PGCIL to seek shareholders' nod to raise up to Rs 6,000 cr via bonds in 2023-24On July 6, the PGCIL board had approved the proposal to raise Rs 6,000 crore in 2023-24, for financing of capital expenditure requirement, ...- PGCIL board okays proposals to raise Rs 11,000 croreAs per the filing, the board approved a proposal to raise funds up to Rs 6,000 crore from the domestic market through the issue of secured/...
- PGCIL board to consider proposals to raise Rs 11,000 cr on WednesdayThe board will also consider and approve another proposal for sanction of a Rupee Term Loan of up to Rs 5,000 crore from Commercial Bank to...
- Power Grid to buy IL&FS Energy Development Company's stake in CPTCLAccording to a regulatory filing on Monday, the company's board has cleared the proposal for purchase of 77,30,225 equities of IEDCL in CPT...
- Pressure mounts on power sector PSUs to split CMD post after ITDC's complianceWhile the capital markets regulator Sebi had initially asked listed companies to separate the roles of chairperson and MD/CEO from April 1,...
- PGCIL board to consider bonus shares issuance on June 17The board will also approve financial results of the company for the fiscal year ended on March 31, 2021, in the meeting.
- Ministry asks for Cabinet nod to monetise PGCIL assetsREVENUE stream Govt looks to raise ₹10,000 crore through InvIT
- Power Grid board approves Rs 3,324 crore investment proposalsPower Grid Corporation of India said its board has given approval to investment proposals worth Rs 3,324 crore.
- Sri Lanka to take call on Rs 3k cr undersea power link: PGCILThe report on the 500 MW project, to be jointly implemented by Power Grid Corporation of India Ltd and Ceylon Electricity Board, has been a...
- Power Grid shares sink 12% on stake sale plansShares of Power Grid Corporation of India Ltd (PGCIL) today closed with nearly 12 per cent loss on reports that the company plans to offloa...
- PGCIL clocks Rs 1,040 cr quarterly profit; plans 15% stake saleLooking to raise funds for its investment plans, the company's board today approved 15 per cent stake sale through Follow on Public Offer.
- S&P, Fitch assign negative outlook to Power GridTwo rating agencies Standard & Poor's and Fitch have assigned negative outlook to state-owned transmission utility Power Grid Corporation i...
- Power Grid Corporation's outlook negative: Standard & Poor's"The negative outlook on Power Grid is consistent with the Sovereign credit rating outlook, and reflects Power Grid's sensitivity to govern...
- PGCIL calls bids from merchant banks for FPOState-run Power Grid Corporation (PGCIL) has invited bids for appointing four merchant banks for managing its follow-on public offer (FPO).
- Maytas Infra says ministry has asked PGCIL to release fundsMaytas Infra said that the Ministry of Corporate Affairs has asked state-run Power Grid Corporation of India to allow the infrastructure fi...
- PowerGrid to buy 26% in IL&FS power SPVPower Grid Corporation of India (PGCIL) is all set to pick up 26% equity in Cross Border Power Transmission Company (CBPTC).
- Number of Directors on the Boards likely to be cappedCompanies like SAIL, Bhel, IOC and Hindustan Aeronautics (HAL) may soon have to do some pruning at the top management level.
- NHPC, PGCIL to get Navratna status soonPower PSUs - NHPC and PGCIL will get the Navratna status soon, says a high ranking government official.
- Blue-chip PSUs to be unshackledThe DPE has said the listed PSUs need to reconstitute their boards to give account to independent directors.
- Anew market for power transmissionA new regulator (a monitored marketplace) for wholesale power transmission in the offing could spur huge private investments being lined up...
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