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Power Grid consortium secures contract worth $21 million

03 Sep 2013 Evaluate

State-owned Power Grid Corporation led consortium has secured contract worth $21 million from Ethiopian Electric Power Service Corporation for undertaking its system upgrade. Moreover, the contract is for a period of two years.

In another consortium, Power Grid Corporation has set up a joint venture company with the Nepal government, IL&FS and Satluj Jal Vidyut Nigam Ltd for power transmission.

Power Grid Corporation of India is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.

Power Grid Corp Share Price

318.65 0.60 (0.19%)
20-Apr-2026 09:21 View Price Chart
Peers
Company Name CMP
NTPC 394.70
Tata Power 431.95
Adani Power 202.55
Power Grid Corp 318.65
Torrent Power 1588.00
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