Power Grid may launch Rs 7,700 crore InvIT IPO on April 29, first ever by a PSU in India

Power Grid Corporation of India is preparing to launch the first ever InvIT (infrastructure investment trust) IPO by a state-owned firm, on April 29, marking a landmark deal for the Indian capital markets, people with knowledge of the matter told Moneycontrol. The move comes at a time when the government has set a disinvestment target … Continue reading Power Grid may launch Rs 7,700 crore InvIT IPO on April 29, first ever by a PSU in India