Spvs Powergrid Vizag Transmission Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

State-run Power Grid Corporation of India Ltd (PGCIL) on Friday said it has received Rs 2,736.02 crore through sale of 27.41 crore units in the PowerGrid Infrastructure Investment Trust (PGInvIT) offer for sale.
Earlier in the day, the units issued by PGInvIT were listed on NSE and BSE. PGCIL has created the PGInvIT to monetise its assets.
The initial portfolio of assets in the InvIT comprises five special purpose vehicles (SPVs) PowerGrid Vizag Transmission Ltd (PVTL), PowerGrid Kala Amb Transmission Ltd (PKATL), PowerGrid Parli Transmission Ltd (PPTL), PowerGrid Warora Transmission Ltd (PWTL) and PowerGrid Jabalpur Transmission Ltd (PJTL).
PGCIL, under the process of monetisation of assets through the InvIT, has transferred 74 per cent of its shareholding to the PGInvIT, it said in a BSE filing. ....

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