Power Grid Corporation of India (PGCIL) has commissioned transmission projects worth Rs 30,300 crore (unaudited) in Financial Year 2015-16. The company had last month received an approval for transfer of entire equity held by it in Power System Operation Corporation (POSOCO) to the Government of India (GoI) at the agreed purchase consideration.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.
