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Company News Details

Power Grid Corporation of India Ltd
Industry :  Power Generation And Supply
BSE Code
ISIN Demat
Book Value()
532898
INE752E01010
98.2640435
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
POWERGRID
19.29
293666.57
EPS(TTM)
Face Value()
Div & Yield %
16.37
10
3.56
 

power grid corporation of india ltd
Power Grid bags transmission project from Rajasthan REZ
Nov 26,2024

The project comprises the establishment of a 765/400 kV substation near Ghiror in Mainpuri, Uttar Pradesh, along with 765 kV and 400 kV transmission lines, and augmentation and bay extension works at existing and under-construction substations in the States of Rajasthan & Uttar Pradesh.

The award has been granted under tariff-based competitive bidding (TBCB) and will be executed on a build, own, operate, and transfer (BOOT) basis.

The Power Grid Corporation of India has been established by the Government of India (GoI) as the central transmission utility of India. The firm is a Maharatna' company under the Ministry of Power, GoI. As of 30 September 2024, the Government of India owned a 51.34% stake in the company.

The company reported a 1.85% rise in consolidated net profit to Rs 3,793.02 crore in Q2 FY25 as against Rs 3,723.92 crore posted in Q1 FY25. Revenue from operations added 2.46% to Rs 11,277.76 crore in Q2 FY25 as against Rs 11,006.18 crore posted in Q1 FY25.

Shares of Power Grid Corporation of India rose 0.12% to Rs 343.25 on the BSE.

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