{"id":406201,"date":"2021-03-22T10:40:47","date_gmt":"2021-03-22T05:10:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406201"},"modified":"2021-03-22T10:40:47","modified_gmt":"2021-03-22T05:10:47","slug":"pgcil-to-acquire-74-stake-in-jv-jaypee-powergrid-for-rs351-64-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pgcil-to-acquire-74-stake-in-jv-jaypee-powergrid-for-rs351-64-crore\/","title":{"rendered":"PGCIL to acquire 74% stake in JV Jaypee Powergrid for Rs351.64 crore"},"content":{"rendered":"<p>NEW DELHI : The public sector unit Power Grid Corporation of India Ltd (PGCIL) has signed an agreement with Jaiprakash Power Ventures Ltd (JPVL) to acquire 74% stake in Jaypee Powergrid Ltd for Rs351.64 crore.<\/p>\n<p>After the acquisition of the 74% stake JPL will become a wholly-owned subsidiary of PGCIL. Jaypee Powergrid Ltd is a joint venture between Power Grid Corporation and JPVL.<\/p>\n<p>Earlier this montn, Jaiprakash Power Ventures had announced that its board has approved disinvestment of 74% stake in Jaypee Powergrid to the PSU.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : The public sector unit Power Grid Corporation of India Ltd (PGCIL) has signed an agreement with Jaiprakash Power Ventures Ltd (JPVL) to acquire 74% stake in Jaypee Powergrid Ltd for Rs351.64 crore. After the acquisition of the 74% stake JPL will become a wholly-owned subsidiary of PGCIL. Jaypee Powergrid Ltd is a joint venture between Power Grid Corporation and JPVL. Earlier this montn, Jaiprakash Power Ventures had announced that its board has approved disinvestment of 74% stake in Jaypee Powergrid to the PSU.<\/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-406201","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\/406201","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=406201"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406201\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}