Stock Market

In 1st for PSU, PowerGrid files for Rs 8000 cr InvIT listing

Transmission utility PowerGrid on Wednesday filed draft papers for an IPO (initial public offering) of its first InvIT (infrastructure investment trust) for nearly Rs 8,000 crore, making it the first state-run entity to monetise its assets through this route.

from Markets-Economic Times https://ift.tt/2KVJhzx

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