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POWER GRID DISINVESTMENT
Government asks Power Grid Corp to consider selling stakes in projectsThe company should cut its balance sheet size to half by selling stakes in projects, power minister Piyush Goyal said in New Delhi on Wedne...- Power Grid Corporation files FPO document with RoCPower Grid Corporation has filed papers with the RoC for its follow-on public offer through which it hopes to raise over Rs 5,700 crore.
- CCEA likely to take up Power Grid FPO tomorrowThe follow-on public offering will comprise 13 per cent fresh equity by the public sector company and 4 per cent stake sale by the central ...
- CCEA likely to take up Power Grid FPO this weekThe follow-on public (FPO) will comprise of 13 per cent fresh equity by the public sector company and 4 per cent stake sale by the central ...
- Govt seeks merchant bankers for 4% stake sale in PGCILGovt set the ball rolling for 4 pc disinvestment in PGCIL by inviting applications from merchant bankers to manage the stake sale.
- Power Grid to invest Rs 210 cr for strengthening networkState-owned Power Grid Corp will invest close to Rs 210 crore for strengthening transmission network over the next two years.
- Ministers' panel to meet tomorrow on Power Grid disinvestmentAn Inter-Ministerial Group will meet tomorrow to decide on the appointment of merchant bankers to manage the stake sale of Power Grid Corpo...
- Power Finance Corporation FPO likely next fiscal: SolankiAt present, the government holds a 89.78 per cent stake in the firm. It had divested a 10 per cent stake through an initial public offer in...
- Power Finance Corporation FPO likely next fiscalPower Finance Corporation's follow-on public offer is likely to hit the market next fiscal, Union Minister of State for Power, Bharat Solan...
- Govt raises Rs 40,000 crore via disinvestment in 2010The government diluted its stake in nine state-owned companies, including Coal India, to raise Rs 40,000 crore that helped cut borrowings.
- Power Finance Corp may launch FPO in April-May next yearState-run Power Finance might come out with a 20 per cent follow-on public offer in April- May next year.
- Power Grid $1.7 bn FPO subscribed 9.7 times by Day 3At the upper end of the price range, Power Grid's FPO is worth nearly Rs 7,600 crore and at the lower end, it would fetch about Rs 7,155 cr...
- Govt may go for disinvestment in 7 more companies this fiscalThe public issue of PowerGrid is expected in the second week of November and of Manganese Ore India Ltd towards the end of November.
- Government clears PowerGrid FPO; to divest 10 per cent stakeThe government approved disinvestment in transmission firm PowerGrid Corporation through a follow-on public offer to raise about Rs 8,400 c...
- Govt mulls second tranche of 10% disinvestment in PFCThe Government is mulling divesting another 10 per cent of its stake in Power Finance Corporation through a follow-on public offer by the e...
- PowerGrid invites bids from i-banks for FPOElectricity transmission company PowerGrid Corporation of India has invited bids from banks to manage a 20% stake sale.
- Govt may give nod for divestment in CIL, three others soonThe government is likely to give the green signal for offloading its equity in companies such as Coal India, Hindustan Copper, Power Grid a...
- NHPC's IPO to hit market today, co looks to raise Rs 6k crThe company is planning to raise Rs 6,040 crore at the upper end of the issue price band of Rs 36.
- Law ministry supports plan to offload 5% stake in power PSUsThe government is considering a proposal to divest 5% stake in each of the three state-owned power sector companies - Power Grid Corporatio...
- Centre now seeks to push power IPOsWith disinvestment on hold, the power ministry is now seeking approval for initial public offers of PFC, NHPC, REC and PowerGrid in this fi...
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