July 22, 2010 2:29 PM
Govt clears PowerGrid FPO; to divest 10 pc stake
The government has approved disinvestment in transmission firm PowerGrid Corporation through a follow-on public offer to raise about 8,400 crore rupees.The Cabinet Committee on Economic Affairs on Thursday gave its nod to the 20 per cent follow-on offer (FPO) by PowerGrid. The company would issue 10...