November 8, 2010

India’s Infrastructure Leaders Raising Funds: Power Grid Corporation & Others

After Coal India’s spectacular IPO, India’s other Infrastructure leaders are also raising funds in the public markets in the near future, starting with Power Grid Corporation.

All are well-run entities and meet the massive demand in India in their respective areas.

The list of companies raising funds include

Power Grid – running the electric grid in India
MOIL – Manganese producer
Hindustan Copper – Copper producer
Shipping Corp of India – Largest Indian shipping company
ONGC India – Oil and Gas
SAIL – Largest steel producer
Indian Oil – Largest Oil producer

Each is a Government of India enterprise.