Maharashtra Electricity Regulatory Commission (MERC) has directed Maharashtra Airport Development Corporation (MADC) to undertake fresh bidding for its power procurement programme.
Powergrid Unchahar Transmission Ltd (PUTL), a wholly-owned subsidiary of Power Grid Corporation of India Ltd, and a project special purpose vehicle will act as the investment manager to PGCIL’s Infrastructure Investment Trust (InvIT) that is set to launch on April 29, 2021.