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Power Grid gets unified licence to offer telecom services

10 May 2017 Evaluate

Power Grid Corporation of India has been granted unified licence with national long-distance and internet service provider authorisation to provide telecom services.

The power transmission utility provides telecom towers and optical-fibre cable infrastructure (for internet services) to service providers and other firms for commercial use. This is a separate segment of revenue for the company.

Earlier, the company had two separate licences of infrastructure provider and national long-distance, which are due to expire. Now, the company has got a single unified licence.

Peers
Company Name CMP
NTPC 309.30
Tata Power 335.50
Adani Power 188.00
Power Grid Corpn. 245.40
Adani Energy Solut. 1252.95
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