{"id":411981,"date":"2021-04-26T09:29:49","date_gmt":"2021-04-26T03:59:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=411981"},"modified":"2021-04-26T10:46:29","modified_gmt":"2021-04-26T05:16:29","slug":"power-grid-to-announce-first-invit-public-issue-on-monday","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/power-grid-to-announce-first-invit-public-issue-on-monday\/","title":{"rendered":"Power Grid to announce first InvIT public issue on Monday"},"content":{"rendered":"<p>NEW DELHI: State-owned Power Grid Corporation of India Ltd will announce on Monday the public issue of its first infrastructure investment trust (InvIT) &#8211; PowerGrid Infrastructure Investment Trust, the PSU said.<\/p>\n<p>PGCIL is the first state-owned company to offer an InvIT as part of the government\u2019s brownfield asset monetisation strategy, wherein the PSU will monetise its tariff-based competitive bidding (TBCB) assets valued at about \u20b97,000 crore. <\/p>\n<p>The InvIT is expected to attract domestic and global investors, including sovereign wealth funds. InvITs are trusts that manage income-generating infrastructure assets, typically offering investors a regular yield and a liquid method of investing in infrastructure projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-owned Power Grid Corporation of India Ltd will announce on Monday the public issue of its first infrastructure investment trust (InvIT) &#8211; PowerGrid Infrastructure Investment Trust, the PSU said. PGCIL is the first state-owned company to offer an InvIT as part of the government\u2019s brownfield asset monetisation strategy, wherein the PSU will monetise its tariff-based competitive bidding (TBCB) assets valued at about \u20b97,000 crore. The InvIT is expected to attract domestic and global investors, including sovereign wealth funds. InvITs are trusts that manage income-generating infrastructure assets, typically offering investors a regular yield and a liquid method of investing [&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":[139,130,237],"tags":[],"class_list":["post-411981","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\/411981","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=411981"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411981\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=411981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=411981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=411981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}