Power Grid Corporation of India Limited has been declared as the successful bidder under Tariff based competitive bidding (TBCB) to establish 'Transmission System for Evacuation of Power from 2 x 660 MW Jawaharpur Thermal Power Project and construction of 400 kV substation at Firozabad along with associated Transmission Lines' on build, own operate and maintain (BOOM) basis. The Project is an Intra-State transmission system of Uttar Pradesh and comprises 765kV, 400kV, 220kV and 132kV lines apart from establishing a new 400/220/132 kV Substation at Firozabad, Uttar Pradesh.
The Letter of Intent (LoI) has been received on 5th December 2018. This is the first Intra State Transmission System Project won by Power Grid Corporation of India Limited under Tariff Based Competitive Bidding.
Shares of POWER GRID CORPORATION OF INDIA LTD. was last trading in BSE at Rs.183.4 as compared to the previous close of Rs. 187. The total number of shares traded during the day was 713996 in over 448 trades.
The stock hit an intraday high of Rs. 187.4 and intraday low of 182.5. The net turnover during the day was Rs. 133342457.