Power Grid Corporation of India (PGCIL) has been declared as the successful bidder under Tariff based competitive bidding to establish ‘765kV Strengthening in Eastern Region (ERSS-XVIII)’ on build, own operate and maintain (BOOM) basis. The Letter of Intent (LoI) has been received on February 21, 2017.
Earlier in January, PGCIL had 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.
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.
| Company Name | CMP |
|---|---|
| NTPC | 399.15 |
| Tata Power | 444.55 |
| Adani Power | 222.05 |
| Power Grid Corp | 318.25 |
| Torrent Power | 1737.70 |
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