PGCIL plans to set up InvIT to unlock assets
01 Nov 2019
The Power Grid Corporation of India is planning to monetise transmission assets worth Rs.100 bn and might set up an Infrastructure Investment Trust (InvIT) for the same. As reported, the nature of the InvIT will be decided post deliberations with an advisor. It will help PGCIL in reducing debt and increasing the dividend payout for its shareholders.
Contact: Divya Tandon, Secretary & Compliance Officer, Power Grid Corporation of India.
Address: B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110 016.
Tel: 011-2656 0112/2656 0115.
E-mail: investors@powergrid.co.in
Website: www.powergridindia.com
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