POWERGRID Declared As Successful Bidder Under TBCB

Power Grid Corporation of India Limited has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State transmission system for the project namely "Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW): Part B" on build, own, operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Power Grid Corporation of India Limited on 19th September 2024.

The project comprises establishment of new 765/400/220kV (GIS) sub-station at a suitable location near South of Olpad, 765kV & 400kV D/C Transmission Lines and associated bays extension works at other existing substation in the State of Gujarat.

Shares of Power Grid Corporation of India Limited was last trading in BSE at Rs. 334.90 as compared to the previous close of Rs. 334.20. The total number of shares traded during the day was 128013 in over 3269 trades.

The stock hit an intraday high of Rs. 338.30 and intraday low of 333.05. The net turnover during the day was Rs. 42944910.00.

Source : Equity Bulls

Keywords

PowerGridCorporationofIndia INE752E01010 PGCIL SuccessfulBidder TBCD InterState TransmissionSystem