Epic Update : Power Grid

FPO subscribed 6 times; retail investors subscription at 2.2 times

Current capitalisation stands at Rs 8,000 crore

No need to raise equity in near future

Can expect a Rs 2,000-Rs 3,000 crore bond issue after few months

Marginal impact on CERC norms reducing availability

To ask CERC to reconsider availability incentive steps

May see impact of Rs 160 crore on back of CERC norms

https://www.epicresearch.co/