Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Power Grid Corporation of India has informed that the Board of Directors of the Company, in their meeting held on 21st June, 2024, has accorded the in-principle approval for formation of a Joint Venture (JV) with Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) for the development of Intra State Transmission System in the state of Rajasthan, subject to approval of its administrative Ministry i.e. Ministry of Power, DIPAM, Niti Aayog and/or other statutory authorities as may be required. Further development would be intimated in due course of time. The Board Meeting commenced at 12:10 pm and concluded at 12:45 pm.
The above information is a part of company’s filings submitted to BSE.