{"id":287220,"date":"2019-08-13T07:07:51","date_gmt":"2019-08-13T07:07:51","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287220"},"modified":"2019-08-13T07:07:51","modified_gmt":"2019-08-13T07:07:51","slug":"government-looks-at-invit-model-to-monetise-power-sector-psus-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/government-looks-at-invit-model-to-monetise-power-sector-psus-assets\/","title":{"rendered":"Government looks at InvIT model to monetise power sector PSUs assets"},"content":{"rendered":"<p>New Delhi: The government asset monetisation programme may take the trust route with central transmission utility Power Grid Corporation of India Ltd (PGCIL) looking to float an infrastructure investment trust (InvIT) &#8211; a first by a PSU entity &#8211; to unlock value from its operational transmission assets and free up long-term capital for further investments.<\/p>\n<p>Government sources said that the company will shortly appoint a consultant to advice on the modus operandi for floating of the trust and suggest a roadmap for its proposed asset monetisation programme.<\/p>\n<p>&#8220;The InvIT route will help the company to get current value of its assets and unlock capital that could be used for further investment and faster development of projects,&#8221; said a PGCIL official, who was not willing to be identified.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The government asset monetisation programme may take the trust route with central transmission utility Power Grid Corporation of India Ltd (PGCIL) looking to float an infrastructure investment trust (InvIT) &#8211; a first by a PSU entity &#8211; to unlock value from its operational transmission assets and free up long-term capital for further investments. Government sources said that the company will shortly appoint a consultant to advice on the modus operandi for floating of the trust and suggest a roadmap for its proposed asset monetisation programme. &#8220;The InvIT route will help the company to get current value of its [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-287220","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287220"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287220\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}