Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
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Power Grid gets approval for incorporation of joint venture company

Date: 07-07-2022

Power Grid Corporation of India has received approval for incorporation of the Joint Venture Company between the company and Nepal Electricity Authority (NEA) with equity participation of 50:50 by both JV partners for implementation of Indian Portion of New Butwal - Gorakhpur 400 kV Double Circuit (Quad Moose) Cross Border Transmission Line. The Board of the company has approved the same.

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