{"id":411764,"date":"2021-04-24T08:21:32","date_gmt":"2021-04-24T02:51:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=411764"},"modified":"2021-04-24T08:36:32","modified_gmt":"2021-04-24T03:06:32","slug":"powergrid-to-offer-rs-10384-crore-worth-of-assets-in-invit-next-week","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/powergrid-to-offer-rs-10384-crore-worth-of-assets-in-invit-next-week\/","title":{"rendered":"PowerGrid to offer Rs 10,384 crore worth of assets in InvIT next week"},"content":{"rendered":"<p>India\u2019s largest power transmission company, state-owned Power Grid Corporation of India (PGCIL), will launch its Infrastructure Investment Trust (InvIT) on April 29 \u2014 a first for any government sector company. <\/p>\n<p>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. <\/p>\n<p>The firm, in its regulatory filings with Sebi, said that its issue comprises Rs 4,994 crore of fresh issuance and an offer for sale, the amount of which was undisclosed. <\/p>\n<p>\u201cThe selling unitholder will be entitled to the proceeds of the offer for sale and the proceeds received from the offer for sale will not form part of the offer proceeds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest power transmission company, state-owned Power Grid Corporation of India (PGCIL), will launch its Infrastructure Investment Trust (InvIT) on April 29 \u2014 a first for any government sector company. 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. The firm, in its regulatory filings with Sebi, said that its issue comprises Rs 4,994 crore of fresh issuance and an offer for sale, the amount of which was undisclosed. \u201cThe selling unitholder will be entitled to the proceeds of the offer for sale and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-411764","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411764","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=411764"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411764\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=411764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=411764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=411764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}