NINL to supply steel billets to projects of Power Grid

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

29 May 2019 Evaluate

Neelachal Ispat Nigam (NINL) has signed a deal to supply steel billets to projects of Power Grid Corporation of India.

Power Grid will use the ms channels and angles produced from the steel billets of NINL for electrical transmission towers across the country for an initial period of one year.

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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