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Business Standard

PowerGrid to offer Rs 10,384 crore worth of assets in InvIT next week

After IndiGrid and IRB InvIT fund, this will be the third publicly listed InvIT for the country and the second in the power transmission sector

Topics
Power Grid Corporation of India | Power Grid Corp | InvIT

Shreya Jai  |  New Delhi 

“Power grids are getting increasingly vulnerable because of digitalization and the use of more smart applications,” said Daine Loh, a Singapore-based power and renewables analyst at Fitch Solutions

India’s largest power transmission company, state-owned Power Grid Corporation of India (PGCIL), will launch its Infrastructure Investment Trust (InvIT) on April 29 — a first for any government sector company.

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Read our full coverage on Power Grid Corporation of India

First Published: Fri, April 23 2021. 19:44 IST

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