{"id":604890,"date":"2023-09-21T09:17:11","date_gmt":"2023-09-21T03:47:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=604890"},"modified":"2023-09-21T09:50:38","modified_gmt":"2023-09-21T04:20:38","slug":"govt-to-sell-up-to-4-92-stake-in-utility-company-sjvn-from-thursday","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-sell-up-to-4-92-stake-in-utility-company-sjvn-from-thursday\/","title":{"rendered":"Govt to sell up to 4.92% stake in utility company SJVN from Thursday"},"content":{"rendered":"<p>The Indian government will sell an up to a 4.92% stake in utility company SJVN Ltd this week, a stock exchange filing showed on Wednesday.<br \/>\nIt said plans to sell the 4.92% stake included selling 2.46% if the sale is oversubscribed. <\/p>\n<p>The floor price for the sale has been set at 69 rupees, a roughly 15.6% discount to the stock&#8217;s closing price on Wednesday. The federal government owns 59.92% equity in the state-run hydropower generation company, and the northern state of Himachal Pradesh owns 26.85%. <\/p>\n<p>The sale of the federal government&#8217;s 4.92% in the state-run hydro power generation firm could earn it about 13.34 billion rupees ($160.81 million).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian government will sell an up to a 4.92% stake in utility company SJVN Ltd this week, a stock exchange filing showed on Wednesday. It said plans to sell the 4.92% stake included selling 2.46% if the sale is oversubscribed. The floor price for the sale has been set at 69 rupees, a roughly 15.6% discount to the stock&#8217;s closing price on Wednesday. The federal government owns 59.92% equity in the state-run hydropower generation company, and the northern state of Himachal Pradesh owns 26.85%. The sale of the federal government&#8217;s 4.92% in the state-run hydro power generation firm could [&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-604890","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\/604890","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=604890"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/604890\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=604890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=604890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=604890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}