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PowerGrid to pay Rs 13,613.66 crore as licence fee to DoT

05 Jun 2020 Evaluate

The Department of Telecommunications (DoT) has raised a demand of Rs 13,613.66 crore from Power Grid Corp of India as licence fee for years 2006-07 to 2009-10, interest, penalty and interest on penalty. The company holds National Long Distance licence (NLD) and Internet Service Provider (ISP) licences.

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

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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