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Power Grid to invest Rs 92.13 crore for power transmission related project

10 Jan 2018 Evaluate

Power Grid Corporation of India has received an investment approval for transmission system for Ultra Mega Solar Power Park at Tumkur (Pavagada), Karnataka - Phase-II Part-C at an estimated cost of Rs 92.13 crore with commissioning schedule of 20 months from the date of investment approval. The board of directors at its meeting held on January 6, 2018 approved for the same.

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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