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Power Grid gets nod to invest Rs 563 crore for Transmission System

01 Feb 2020 Evaluate

Power Grid Corporation of India’s board has accorded investment approval for Transmission System for providing connectivity to RE projects at Bikaner (PG), Fatehgarh-II & Bhadla-II, at an estimated cost of Rs 562.86 crore with progressive commissioning schedule of 12 months from the date of investment approval. The Board of Directors at their meeting held on January 31, 2020 has approved the same.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.

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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