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Power Grid increases stake in Energy Efficiency Services

16 Sep 2021 Evaluate

Power Grid Corporation of India has infused fresh equity of Rs 407.49 crore in Energy Efficiency Services (EESL), a Joint Venture Company of Power Grid, NTPC, PFC and REC. With this infusion, Power Grid shareholding in EESL is now stood at Rs 463.61 crore and the paid up share capital of EESL is Rs. 1390.82 crore.

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

Peers
Company Name CMP
NTPC 328.35
Tata Power 362.10
Adani Power 203.40
Power Grid Corpn. 264.35
Adani Energy Solut. 1351.20
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