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Power Grid inks MoU with ADWEA for cooperation in power transmission

27 Jan 2017 Evaluate

Power Grid Corporation of India (PGCIL) has inked a Memorandum of Understanding (MoU) with Abu Dhabi Water & Electricity Authority (ADWEA) & its group for cooperation in areas like smart grid, transmission technology and distribution.

The pact envisages cooperation in areas such as smart grid; transmission technology and providing capability development; and training in the field of operation & maintenance, asset management, project management, power transmission & distribution, etc. The central transmission utility shall also assist ADWEA in setting up an advanced ‘World Class Capability Development institute’ in the UAE.

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.


Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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