Govt plans IPO for power transmission utility BSPTCL

Bihar's power transmission company is set for a stock market debut, becoming the first state-owned utility to go public. Plans are underway to appoint merchant bankers for an Initial Public Offering. Funds raised will bolster the state's transmission infrastructure to meet escalating electricity demand, projected to surge significantly by 2030.

Govt plans IPO for power transmission utility BSPTCL
Bihar's power transmission company is set for a stock market debut, becoming the first state-owned utility to go public. Plans are underway to appoint merchant bankers for an Initial Public Offering. Funds raised will bolster the state's transmission infrastructure to meet escalating electricity demand, projected to surge significantly by 2030.