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The Power Grid Corporation of India Limited was incorporated on 23 October 1989 [5] under the Companies Act, 1956 with an authorized share capital of Rs. 5,000 Crore (subsequently enhanced to Rs. 10,000 Crore in Financial Year (FY) 2007–08) as a public limited company, wholly owned by the Government of India with 51.34% stake in the company as on 31 December 2020 and as principal electric ...
IndiGrid was established with Sterlite Power as its sponsor in October 2016, as per the SEBI InvITs Regulations. [7] [8] In May 2017, IndiGrid opened its initial public offer (IPO) to raise ₹2,250. It is the first power sector InvIT and the second InvIT to get listed on exchange after IRB InvIT Fund. [9]
PTC India Limited, formerly Power Trading Corporation of India Limited, is an Indian company that provides power trading solutions, cross border power trading, and consultancy services. Headquartered in New Delhi , the company also has operations in Nepal , Bhutan , and Bangladesh . [ 7 ]
This is a list of companies listed on the National Stock Exchange of India (NSE). Contents !–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z !–9 Symbol ...
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer. [32]
The present CEO of Reliance Power is K. Raja Gopal since 2 May 2018. [3] The company was the sole distributor of electricity to consumers in the suburbs of Mumbai but in 2017 they sold Mumbai operation to Adani Power. It also runs power generation, transmission and distribution businesses in other parts of Maharashtra, Goa and Andhra Pradesh ...
The project was conceived by the latter when it won a Solar Energy Corporation of India's capacity bids for wind power projects connected to the National Grid. [ 12 ] In 2015–2016, Adani Renewable Energy Park Limited, a subsidiary of AGEL, signed a joint venture agreement with the Government of Rajasthan .
Power Finance Corporation Ltd. (PFC) is an Indian public sector company engaged in infrastructure finance activities. Established in 1986, it provides financing for the Indian power sector and is under the admistrative control of the Ministry of Power, Government of India. [2] PFC was classified as a 'Maharatna' enterprise on 12 October 2021.