Power Grid Corporation of India emerges successful bidder for project in Rajasthan

Power Grid Corporation of India Limited has been declared as the successful bidder under Tariff Based Competitive Bidding to Establish Transmission System for "System Strengthening Transmission Scheme for evacuation of power from solar energy zones in Rajasthan (8.1GW) under Phase-II -Part-G" on build, own, operate and maintain (BOOM) basis. The Letter of Intent (LoI) dated 28th February, 2022 has been issued to Power Grid Corporation of India Limited. The Transmission system comprises establishment of a new 765/400kV GIS Substation at Narela (NCT of Delhi) and 765kV D/C Transmission Lines in Rajasthan, Haryana and NCT of Delhi.

Shares of Power Grid Corporation of India Limited was last trading in BSE at Rs. 209.20 as compared to the previous close of Rs. 197.30. The total number of shares traded during the day was 661761 in over 8068 trades.

The stock hit an intraday high of Rs. 210.20 and intraday low of 195.90. The net turnover during the day was Rs. 135193410.00.

Source : Equity Bulls

Keywords

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