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The ±800 kV, 6,000 MW bi-pole and bi-directional HVDC link will span over 1,200 kilometers and is part of India’s ambitious renewable energy plans, as it feeds into the 500 GW renewable evacuation and interstate transmission system.
The acquisition was completed with an aggregate value of about ₹18.95 Crore, including 50,000 equity shares at par (₹10 each) along with the assets and liabilities of the company. The acquisition is subject to adjustments based on the audited accounts of the company as on the acquisition date.
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under the Tariff Based Competitive Bidding (TBCB) for a significant transmission project in Gujarat
Discover the top 10 best dividend stocks in India for 2024. Explore high-yield stocks from various sectors, including IT, FMCG, mining, and more. Learn about their market cap, close price, dividend yield, and dividend per share to make informed investment decisions.
The 'Committee of Directors on Investment on Projects' at POWERGRID has given their approval for investments in key projects.
Higher asset capitalization during the previous twelve months as well as the reported quarter were the main drivers of growth.
The benchmarks for Indian equities opened higher on Monday, continuing their fourth straight session of gains.
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