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IPO
The Centre holds 75% stake in Satluj Jal Vidyut Nigam (SJVN) —a joint venture between the Centre and Himachal Pradesh while the remaining stake remains with the state government The initial public offering of state-owned Satluj Jal Vidyut Nigam has been put on hold by the government after a lukewarm response to the follow-on offers [...]
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Satluj Jal
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IPO
By bringing in Shimla-based hydropower company Satluj Jal Vidyut Nigam, the government is moving fast with its disinvestment process whereas although it is a lesser-known company, the government plans to raise well above Rs 1000 crore through the IPO. However, it is the third to join the fray after National Hydro Power Corporation (NHPC) and [...]
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IPO Updates,
Power Sector,
Satluj Jal
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