Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Power Grid Corporation of India Limited ( (IN:POWERGRID) ) just unveiled an update.
Power Grid Corporation of India Limited has been declared the successful bidder for a project under Tariff Based Competitive Bidding to establish an Inter-State Transmission System for evacuating power from Mahan Energen Limited Generating Station in Madhya Pradesh. The project, which includes a 400kV D/C Transmission Line and associated bays at the existing Rewa PS sub-station, will be executed on a Build, Own, Operate and Transfer basis, enhancing the company’s operational capabilities and reinforcing its position in the power transmission industry.
More about Power Grid Corporation of India Limited
Power Grid Corporation of India Limited operates in the energy sector, primarily focusing on the transmission of electricity across India. The company is involved in the construction, operation, and maintenance of inter-state transmission systems, playing a crucial role in the power infrastructure of the country.
YTD Price Performance: -5.36%
Average Trading Volume: 367,850
Current Market Cap: 2701.4B INR
See more insights into POWERGRID stock on TipRanks’ Stock Analysis page.