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Power Grid Corporation of India Limited ( (IN:POWERGRID) ) just unveiled an announcement.
Power Grid Corporation of India Limited has been declared the successful bidder under the Tariff Based Competitive Bidding (TBCB) process to establish an Inter-State Transmission System. This project, titled ‘Inter-Regional Strengthening between SR Grid and ER Grid,’ will be executed on a Build, Own, Operate and Transfer (BOOT) basis, involving the construction of 765 kV D/c transmission lines in Odisha and Andhra Pradesh. This achievement is expected to enhance the company’s operational capacity and strengthen its position in the energy transmission sector, potentially benefiting stakeholders by improving energy distribution efficiency.
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 primarily involved in the development and maintenance of inter-state transmission systems, ensuring efficient energy distribution across regions.
Average Trading Volume: 749,547
Technical Sentiment Signal: Hold
Current Market Cap: 2451.6B INR
See more insights into POWERGRID stock on TipRanks’ Stock Analysis page.