Power Grid commences operation of its subsidiary company

Power Grid Corporation Of India Ltd. | Power Generation/Distribution | Power | BSE: 532898 | NSE: POWERGRID

12 Jul 2018 Evaluate

Power Grid Corporation of India (PGCIL) has commenced commercial operation of its 100% wholly owned subsidiary namely Powergrid Warora Transmission on July 10, 2018.

Powergrid Warora Transmission secured through Tariff Based Competitive Bidding (TBCB) has successfully put the elements into commercial operation progressively from November, 2016 and the entire project put into commercial operation by July 10, 2018.

PGCIL 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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