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Reliance Infra completes sale of entire 74% shareholding in Parbati Koldam Transmission Company Limited to India Grid Trust
TIWN
TIWN
PHOTO : TIWN
Mumbai, Jan 9 (TIWN) Reliance Infrastructure Limited (RInfra) on Saturday announced the successful completion of sale of its entire 74 per cent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid Trust (IndiGrid) for an enterprise value of Rs 900 crore.
RInfra owns 74% in PKTCL located in the state of Himachal Pradesh and Punjab in joint venture with the Power Grid Corporation of India Limited (PGCIL).
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