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POWERGRID OFS
Economic Survey suggests lowering government stake threshold to 26% to enable further PSU disinvestmentThe Economic Survey recommends amending the definition of a 'government company' to allow the government to reduce its stake to 26% in list...- PGIL raises Rs 2,736 cr through InvIT OFSPGCIL, under the process of monetisation of assets through the InvIT, has transferred 74 per cent of its shareholding to the PGInvIT, it sa...
- PowerGrid CMD sheds light on new InvIT, power sector business outlook"Going forward, we will have many projects in the pipeline adding to the InvIT. About 18 projects are there with about Rs 22,000-plus crore...
- Stocks in the news: YES Bank, Ircon, Bank of Baroda, Ion Exchange & Indian BankJhunjhunwala and his firm Rare Investments offloaded shares worth nearly Rs 65 crore in Ion Exchange India, through open market transaction...
- Power Minister dedicates 11 renewable energy management centres to nationThe REMCs are equipped with artificial intelligence-based RE forecasting and scheduling tools and provide greater visualisation and enhance...
- DoT examining if January 23 legal deadline for AGR payment applies to non-telecom PSUsTelcos Airtel and Vodafone Idea are legally bound to comply with the payment timelines stipulated by the SC.
- Market Now: NTPC, DLF most active stocks in terms of volumeIn the Nifty50 pack, 8 stocks were trading in green, while 43 stocks were in red.
- Sensex, Nifty end flat after choppy trade; SBI slips 2%While IndusInd Bank reported a decent 21 per cent rise in fourth quarter profit, YES Bank was scheduled to report its numbers after market ...
- Biggest national broadband venture awaits cabinet’s approval of Rs 1,500-crore payoutIndia’s biggest national broadband venture is hanging fire as the Cabinet hasn’t approved a Rs 1,500-crore payout of administrative charges...
- Power woes: Infrastructure & line capacity a bigger problem than coal shortageDuring January, 632 million units could not be supplied to end-customers across various states in India despite there being generating stat...
- PowerGrid management says company could see reduction in capital work in FY13After posting another robust quarter, management of PowerGrid said that the company could see reduction in capital work in progress in FY13.
- 1000 MW Karcham Wangtoo hydro electric project to be commissioned in Himachal PradeshIndia's largest Hydropower Project, in the Private Sector Karcham Wangtoo in Kinnaur District of Himachal Pradesh is scheduled for commissi...
- Jaypee's 1,000-MW Karcham Wangtoo proj to come up by Aug 15The diversified Jaypee Group's Rs 7,000 crore Karcham Wangtoo hydro power project in Himachal Pradesh is expected to be operational by Augu...
- PowerGrid lowers capex estimate to Rs 11,900 cr for FY11Central Transmission Utility PowerGrid Corp on Friday said it has lowered its capital expenditure estimate to Rs 11,900 crore for the curre...
- PowerGrid mulls entering telecom tower bizIn order to unlock the value of its tower assets before the follow-on offer, state-run transmission major PowerGrid Corporation may enter t...
- PowerGrid board okays FPO; issue likely by SeptThe state-owned transmission major PowerGrid Corp on Wednesday said its board has given an in-principle approval for a follow-on public off...
- WB okays $4.3 bn loan for infrastructure and banksThe World Bank on Wednesday sanctioned four loans aggregating $4.3 billion to support India’s economic recovery by strengthening its state-...
- Direct grid access for small power plantsThe move is part of the new regulations on “grant of connectivity, long-term access and medium-term open access in inter-state transmission...
- Govt permits subscribers to choose cheapest STD/ISD tariffsCustomers still have some reasons to cheer as the Telecom Commission has permitted subscribers to choose the cheapest STD and ISD tariffs, ...
- Public offer would enable power PSUs to expand bizDisinvestment through stake sale to strategic partners might be on hold, but that does not prevent the government from offloading small pie...
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