Bihar plans BSPTCL IPO, eyes first state transmission listing
The Bihar government is preparing to list Bihar State Power Transmission Company Limited (BSPTCL) on the National Stock Exchange (NSE), which would make it the first state-owned transmission utility in India to go public. Bihar Energy Secretary Manoj Kumar Singh stated this in a video interview with PTI. The state has issued an Expression of Interest (EoI) to appoint merchant bankers, and the issue size will be finalised after their selection. BSPTCL has reported profits…