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Power Grid gets investment approval for ‘Northern Region System Strengthening - XL'

19 Feb 2019 Evaluate

Power Grid Corporation of India has received an investment approval for ‘Northern Region System Strengthening - XL' at an estimated cost of Rs 572.98 crore with commissioning schedule of 22 months from the date of investment approval. The Board of Directors of the company in their meeting held on February 16, 2019, approved 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 309.30
Tata Power 335.50
Adani Power 188.00
Power Grid Corpn. 245.40
Adani Energy Solut. 1252.95
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