PGCIL gets nod from Cabinet Committee on Economic Affairs for asset monetisation

The Cabinet Committee on Economic Affairs has given its nod to PGCIL to monetise transmission lines worth Rs 7,164 crore in the first phase via infrastructure investment trust in FY21, according to a government statement.

Based on the experience gained, further monetisation would be carried out in future, as per the directives and targets fixed by the Centre, the government added.