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Power Grid share sale to raise $1.7 billion

Posted on: November 14th 2010 in Stock News.

Power Grid Corp of India’s share sale will raise $1.7 billion after its board fixed the issue price at Rs 90 a share, the top end of the price range, the firm said on Sunday. The state-run firm’s 841.7 million share public offer closed on Friday after being subscribed 14.5 ti…

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