(a) whether the Union Government proposes to launch Initial Public Offering
(IPO) of Power Finance Corporation; and
(b) if so, the details thereof?
(a) whether the Union Government proposes to launch Initial Public Offering
(IPO) of Power Finance Corporation; and
(b) if so, the details thereof?
THE MINISTER OF STATE IN THE MINISTRY OF POWER(SHRI BHARATSINH SOLANKI)
(a) & (b) : The Board of Power Finance Corporation has approved a proposal
for a fresh issue of equity shares along with an Offer for Sale (Disinvestment),
not exceeding in aggregate 20% of existing paid up share capital of PFC,
subject to necessary approvals.