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Power Grid to Monetize Transmission Assets of ₹70 Billion via InvIT

The budgeted capital expenditure for the next two years is $2.79 billion

September 21, 2020

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Earlier this week, state-owned Power Grid Corporation of India (PGCIL) received the Cabinet Committee of Economic Affairs’ approval to monetize its transmission projects through the Infrastructure Investment Trust (InvIT) model.

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