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Power Grid Corporation of India Limited ( (IN:POWERGRID) ) has provided an announcement.
Power Grid Corporation of India Limited has acquired Mandsaur I RE Transmission Limited through a tariff-based competitive bidding process. This acquisition, valued at approximately Rs. 7.30 Crore, involves the augmentation of transformation capacity and implementation of line bays at the Mandsaur substation in Madhya Pradesh, enhancing Power Grid’s operational capabilities and market presence in power transmission.
More about Power Grid Corporation of India Limited
Power Grid Corporation of India Limited operates in the power transmission industry, focusing on the transmission of electricity across India. The company is a key player in the sector, providing infrastructure for efficient power distribution.
Average Trading Volume: 488,093
Technical Sentiment Signal: Hold
Current Market Cap: 2667.4B INR
Find detailed analytics on POWERGRID stock on TipRanks’ Stock Analysis page.