Govt to raise â¹20,000 crore by merging power firms: Reports
The government is reportedly planning to raise about â¹20,000 crore by selling its 63.8% stake in hydropower producer SJVN and 65.6% stake in Power Finance Corporation to other state-owned companies. It plans to sell its SJVN stake to NTPC, India's largest thermal power producer, while Rural Electrification Corporation may buy government's ownership in Power Finance Corporation, as per reports.