IndiGrid has announced the launch of its preferential issue process following successful conclusion of the Offer-for-Sale (OFS) run by its sponsor KKR.
Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred two project special purpose vehicles related to interstate transmission system (ISTS) schemes to Power Grid Corporation of India Ltd (PGCIL) – the winning developer under the tariff-based competitive bidding (TBCB) mechanism.