Stock Report

POWERGRID declared as successful bidder under TBCB



Posted On : 2023-03-09 13:15:36( TIMEZONE : IST )

POWERGRID declared as successful bidder under TBCB

Power Grid Corporation of India Limited has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for "Transmission System Strengthening Scheme for Evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II Part-E" on Build, Own Operate and Maintain (BOOM) basis.

The Letter of Intent (LoI) has been received by Power Grid Corporation of India Limited on 7th March, 2023. The Scope of the project comprises of establishment of a 765kV D/c Transmission Line along with associated Line Bays in the State of Rajasthan.

Shares of Power Grid Corporation of India Limited was last trading in BSE at Rs. 227.95 as compared to the previous close of Rs. 227.05. The total number of shares traded during the day was 170184 in over 2489 trades.

The stock hit an intraday high of Rs. 228.35 and intraday low of 225.75. The net turnover during the day was Rs. 38668047.00.

Source : Equity Bulls

Keywords

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