Cabinet nods to powergrid to undertake monetization of its tariff based CBA | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / HEADLINES / INDIA / Cabinet nods to powergrid to undertake monetization of its tariff based CBA

Cabinet nods to powergrid to undertake monetization of its tariff based CBA

The approval would facilitate power grid to undertake asset monetization of its identified TBCB transmission assets through InvIT, so that the proceeds from the asset monetization could be utilized for fresh investment in the transmission network expansion and other capital schemes of the company. 

In the first block, POWERGRID would be able to monetize 5 TBCB assets of gross block of Rs 7164 crore as on September 2019.
 

Please share this news