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MoneyWorks4Me

Power Grid Corporation of India has executed Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) on March 10, 2024 to incorporate a Joint Venture (JV) Company for development of Intra State Transmission System in the state of Rajasthan with an equity Participation of 74% by Power Grid and 26% by RRVPNL. The proposed JV company shall undertake projects worth upto Rs 10,000 crore in a phased manner. 

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


Peers
Company Name CMP
NTPC 309.10
Tata Power 344.20
Adani Power 191.20
Power Grid Corpn. 260.40
Adani Energy Solut. 1361.00
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