Govt plans to speed up Power Grid stake sale; to raise Rs 3,000 crore

NEW DELHI: The government plans to speed up the process of raising up to Rs 3,000 crore by selling five per cent stake in Power Grid Corp, even as the state-run company looks to raise fresh equity to fund its expansion activities, a Power Ministry official has said.

 

 

 

"The company may also raise some fresh equity to fund its expansion plans," the official told .  Financial Chronicle