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PowerGrid InvIT IPO to open on April 29; price band fixed at Rs 99-100

PowerGrid InvIT IPO to open on April 29; price band fixed at Rs 99-100 The company informed that the net proceeds from the offer will be utilised towards providing loans to the initial portfolio assets for repayment or pre-payment of debt, including any accrued interest, and for general purposes BusinessToday.In | April 27, 2021 | Updated 15:11 IST The price band for the share sale has been fixed at Rs 99-100 per unit The initial public offering (IPO) of PowerGrid Infrastructure Investment Trust, owned by state-run Power Grid Corporation of India, will open for subscription on April 29. The price band for the share sale has been fixed at Rs 99-100 per unit.

Meghalaya Energy Corporation Limited Withdraws Load Shedding in State

Meghalaya Energy Corporation Limited Withdraws Load Shedding in State The Meghalaya Energy Corporation Limited (MeECL) Chairman and Managing Director has informed that there will be no more load shedding in the state.   |  16 Feb 2021 1:47 PM GMT Meghalaya: The Meghalaya Energy Corporation Limited (MeECL) Chairman and Managing Director has informed that there will be no more load shedding in the state as the Corporation with the assistance of the State Government has committed to make payment to the Power Grid Corporation of India Limited (PGCIL). This came as a sigh of relief for the hilly state, after it was announced that load shedding will not be imposed in the state. The consumers had to face power outage for a total of 7 hours daily since Sunday (February 14).

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