Power Grid Corporation of India announced the cessation of Upendra Pande and Upananda Kataki as Executive Directors of the company with effect from 31 August 2024. Powered by Capital Market - Live News

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 30 August 2024 acquired Bhadla-III & Bikaner-III Transmission, the Project SPV to establish �Transmission System Strengthening for interconnections of Bhadla-III & Bikaner-III Complex�, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator � PFC Consulting. The project comprises 765kV D/C Transmission Line interconnecting Bhadla-III & Bikaner-III substations and associated bays extension works at these substations in the state of Rajasthan. Powered by Capital Market - Live News

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 28 August 2024, acquired Bhadla-III Power Transmission, the Project SPV to establish �Additional Transmission System for Evacuation of Power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW)�, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator i.e. REC Power Development and Consultancy. The project comprises of augmentation of transformation capacity and associated bays extension works at existing Bhadla-III substation, Rajasthan. Powered by Capital Market - Live News

Power Grid Corporation of India announced that the 25th Annual General Meeting (AGM) of the company will be held on 22 August 2024.Powered by Capital Market - Live News

Net profit of Power Grid Corporation of India rose 3.52% to Rs 3723.92 crore in the quarter ended June 2024 as against Rs 3597.16 crore during the previous quarter ended June 2023. Sales declined 0.38% to Rs 11006.18 crore in the quarter ended June 2024 as against Rs 11048.13 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales11006.1811048.13 0 OPM %86.6884.47 - PBDT7803.617484.05 4 PBT4603.224218.30 9 NP3723.923597.16 4 Powered by Capital Market - Live News