A panel of ministers on disinvestment is to meet on Friday to decide on the price band for the disinvestment of Power Grid, which is expected to raise around 7,400 crore rupees at current stock price.

The Power Grid issue is likely to remain open from December 3 to 5. The government will sell 18.51 crore shares in PGCIL, while the company will issue fresh 60.18 crore shares through the offer.