Power Grid Corporation of India Limited ( (IN:POWERGRID) ) just unveiled an update.
Power Grid Corporation of India Limited has announced investment approvals for two major projects aimed at enhancing its transmission capabilities. The projects include a transmission scheme for evacuating power from Ratle and Kiru hydroelectric projects and the augmentation of transformation capacity at Tumkur in Karnataka. These initiatives, with a combined estimated cost of over Rs. 341.57 Crore, are expected to bolster the company’s infrastructure and support renewable energy integration, thereby strengthening its position in the power transmission sector.
More about Power Grid Corporation of India Limited
Power Grid Corporation of India Limited operates in the energy sector, focusing on the transmission of electricity across India. It is a key player in the power transmission industry, facilitating the evacuation of electricity from various generation sources to consumption centers.
YTD Price Performance: -12.97%
Average Trading Volume: 345,873
Current Market Cap: 2486.5B INR
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