Power Grid Corporation of India Ltd declared successful bidder for transmission system

Power Grid Corporation of India Limited has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State transmission system for the project namely "Transmission System for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part H1" on build, own operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Power Grid Corporation of India Limited on 18th September 2024.

The project comprises establishment of new 765/400/220kV sub-station at Kurawar, 765kV & 400kV D/C Transmission Lines and associated bays extension works at other existing substation in the State of Madhya Pradesh.

Shares of Power Grid Corporation of India Limited was last trading in BSE at Rs. 334.20 as compared to the previous close of Rs. 336.65. The total number of shares traded during the day was 116076 in over 2283 trades.

The stock hit an intraday high of Rs. 338.85 and intraday low of 333.05. The net turnover during the day was Rs. 39025150.00.

Source : Equity Bulls

Keywords

PowerGridCorporationofIndia INE752E01010 SuccessfulBidder InterStateTransmissionSystem