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An update from Power Grid Corporation of India Limited ( (IN:POWERGRID) ) is now available.
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, aimed at strengthening the transmission system at Davanagere for the integration of renewable energy generation, will be executed on a Build, Own, Operate and Transfer (BOOT) basis. The successful bid and subsequent project development are expected to enhance POWERGRID’s operational capabilities and reinforce its position in the energy transmission industry.
More about Power Grid Corporation of India Limited
Power Grid Corporation of India Limited operates in the energy sector, primarily focusing on electric power transmission. It is responsible for the transmission of electricity across India and is a key player in the country’s power infrastructure development.
Average Trading Volume: 378,440
Technical Sentiment Signal: Hold
Current Market Cap: 2602.3B INR
For an in-depth examination of POWERGRID stock, go to TipRanks’ Overview page.