Power companies feel divestment may increase cost of borrowings

Power companies feel divestment may increase cost of borrowings

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Earlier the Cabinet Committee on Economic Affairs had given its in-principle clearance to reduction of the government’s stake in select public sector units to 51%, while retaining management control on case-tocase basis, taking into account the government shareholding, and the shareholding of government-controlled institution.

from News-Economic Times https://ift.tt/2Gq4vQ2

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