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PowerGrid

POWERGRID signs MoU to construct 100-bedded girls’ hostel and teaching block

POWERGRID signs MoU to construct 100-bedded girls’ hostel and teaching block

Fri, Dec 13, 2024

Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Public Sector Enterprise (CPSE) under the Ministry of Power, has signed two Memorandums of Understanding (MoUs) with the Haryana State CSR Trust to fund the construction of a 100-bedded girls’ hostel and a teaching block, and supply of IT, medical, music equipment at Government Girls College, Sector-14, Gurugram.

Traders’ Diary: Buy, sell, or hold strategies for Supreme Industries, IEX, PowerGrid, and more

Traders’ Diary: Buy, sell, or hold strategies for Supreme Industries, IEX, PowerGrid, and more

Wed, Dec 04, 2024

Zee Business research team shares exclusive research on 20 stocks that investors and traders can track today.

POWERGRID acquires TBCB Route’s first HVDC project Khavda VA Power Transmission

POWERGRID acquires TBCB Route’s first HVDC project Khavda VA Power Transmission

Thu, Nov 21, 2024

Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSU under the Ministry of Power, on November 19, 2024, acquired the TBCB Project SPV-‘Khavda V A Power Transmission Limited’, the first-ever High Voltage Direct Current (HVDC) project to be tendered through Tariff-Based Competitive Bidding (TBCB).

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POWERGRID acquires 4 project SPVs to strengthen renewable energy integration

POWERGRID acquires 4 project SPVs to strengthen renewable energy integration

Thu, Nov 14, 2024

Power Grid Corporation of India Limited (POWERGRID) – a Maharatna CPSU under Ministry of Power, has successfully acquired four (04) Project Special Purpose Vehicles (SPVs) to execute Inter-State Transmission Projects related to the transmission of renewable energy.

POWERGRID celebrates its 35th Raising Day

POWERGRID celebrates its 35th Raising Day

Fri, Oct 25, 2024

Power Grid Corporation of India Limited (POWERGRID)–a Maharatna CPSU under Ministry of Power–celebrated its 35th raising day across the country with great zeal and enthusiasm.

POWERGRID acquires Bhadla-III & Bikaner-III Transmission Ltd under TBCB

POWERGRID acquires Bhadla-III & Bikaner-III Transmission Ltd under TBCB

Tue, Sep 03, 2024

Power Grid Corporation of India Limited (POWERGRID)–a Maharatna CPSU under the Ministry of Power–has acquired Bhadla-III & Bikaner-III Transmission Limited, the Project Special Purpose Vehicle (SPV) for the Transmission System Project for System Strengthening for interconnections of Bhadla-III & Bikaner-III Complex on August 30, 2024.

POWERGRID Acquires Sirohi Transmission Limited and Beawar-Mandsaur Transmission Limited

POWERGRID Acquires Sirohi Transmission Limited and Beawar-Mandsaur Transmission Limited

Fri, Aug 23, 2024

Power Grid Corporation of India Limited (POWERGRID) – a Maharatna CPSU under Ministry of Power has acquired two Project Special Purpose Vehicles (SPVs) viz. Sirohi Transmission Limited and Beawar-Mandsaur Transmission Limited on 22nd August 2024 for the Transmission System Projects for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part B and Part D, respectively, from the Bid Process Coordinator PFC Consulting Limited (PFCCL) after competing with various private sector players and emerging as a successful bidder in the Tariff Based Competitive Bidding (TBCB) process.

POWERGRID acquires 2 transmission projects under TBCB

POWERGRID acquires 2 transmission projects under TBCB

Tue, Aug 20, 2024

Power Grid Corporation of India Limited (POWERGRID) – a Maharatna CPSU under Ministry of Power has acquired two Project Special Purpose Vehicles (SPVs) viz. Rajasthan IV C Power Transmission Limited and Rajasthan IV E Power Transmission Limited on 19th August 2024 for the Transmission System Projects for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part C and Part E respectively after competing with various private sector players and emerging as successful bidder in Tariff Based Competitive Bidding (TBCB) process.

Naveen Srivastava appointed POWERGRID Director (Operations)

Naveen Srivastava appointed POWERGRID Director (Operations)

Mon, Aug 12, 2024

Naveen Srivastava has been appointed as Director (Operations) of Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSE under the Ministry of Power, Government of India. Prior to his joining as Director (Operations), he worked as Executive Director (NR-III) handling challenging and flagship works and delivered results consistently in a dynamic business environment.

Govt. of Uganda Dedicates Sub-Stations Built with POWERGRID as PMC

Govt. of Uganda Dedicates Sub-Stations Built with POWERGRID as PMC

Thu, Aug 08, 2024

Gurugram: Hon’ble President of Uganda H.E. Mr. Yoweri Kaguta Museveni and Hon’ble Vice President of Uganda, H.E. Ms. Jessica Alupo dedicated Nebbi and Arua Sub-stations built with POWERGRID as PMC to the nation in the presence of the Hon’ble Cabinet Minister of Energy, Ms. Ruth Ssentamu Nankabirwa, MPs, and top officials from UETCL.

PowerGrid Q1 Results: Net profit grows 3.52% to Rs 3,723.92 crore

PowerGrid Q1 Results: Net profit grows 3.52% to Rs 3,723.92 crore

Fri, Jul 26, 2024

PowerGrid Q1 Results: Power Grid Corporation of India (PowerGrid) on Friday posted a 3.52 per cent rise in its consolidated net profit to Rs 3,723.92 crore for the June quarter, mainly on account of higher income.

Hon’ble Union Minister of Power inaugurates POWERGRID Vishram Sadan at RIMS Ranchi

Hon’ble Union Minister of Power inaugurates POWERGRID Vishram Sadan at RIMS Ranchi

Wed, Jul 10, 2024

Recognising the needs of poor people accompanying patients seeking advanced treatment in major cities and towns, POWERGRID has been building Vishram Sadans, a move set to benefit several people across various states.

POWERGRID's corporate communications team features among India's 30 top corporate communications teams

POWERGRID's corporate communications team features among India's 30 top corporate communications teams

Fri, Jun 21, 2024

POWERGRID's Team Corporate Communications has been featured in India's 30 Top Corporate Communications Teams for the fourth time by Reputation Today.

NHPTL board okays transfer of NHPC's 1.31 crore shares to Power Grid

NHPTL board okays transfer of NHPC's 1.31 crore shares to Power Grid

Tue, Jun 11, 2024

In April this year, state-owned Power Grid Corporation inked a pact to infuse funds and take a 50 per cent stake in crisis-hit NHPTL.

Top 7 BSE large-cap stocks with up to 106% returns in 1 year

Top 7 BSE large-cap stocks with up to 106% returns in 1 year

Mon, Apr 22, 2024

Tata Motors, NTPC, Mahindra and Mahindra and Bharti Airtel are some of the top performers on BSE Sensex in the last one year. BSE Sensex represents the largest, most liquid and most financial sound companies in India.

Powergrid to raise Rs 1,200 crore via bonds

Powergrid to raise Rs 1,200 crore via bonds

Mon, Mar 04, 2024

"The Committee of Directors for Bonds approved the raising of bonds as unsecured, non-convertible, non-cumulative, redeemable, taxable Powergrid bonds - LXXVI (76th) issue up to Rs 1,200 crore," the company said in an exchange filing.

PM Modi inaugurates energy projects in Telangana; here's how NTPC, PowerGrid, NHPC and SJVN are faring

PM Modi inaugurates energy projects in Telangana; here's how NTPC, PowerGrid, NHPC and SJVN are faring

Mon, Mar 04, 2024

Prime Minister Narendra Modi inaugurated various energy projects in Adilabad, Telangana. He is set to inaugurate more energy projects in Tamil Nadu, Odisha, West Bengal, and Bihar from March 4-6. As PM Modi is on power project inauguration spree, let's see how leading power stocks such as PowerGrid, NTPC, NHPC, SJVN, and JSW Energy are faring on BSE on Monday.

Power Grid Corp board approves investments of Rs 656 crore

Power Grid Corp board approves investments of Rs 656 crore

Mon, Feb 19, 2024

According to the filing, the Board of Directors approved implementation of Unified Load Dispatch and Communication (ULDC) Phase-III (SCADA/EMS Upgradation Project –Northern Region SLDCs at an estimated cost of Rs 514.66 crore with commissioning schedule of November 15, 2025.

Power Grid stock soars over 5% after firm reported above-estimate Q3 numbers; brokerages raise targets

Power Grid stock soars over 5% after firm reported above-estimate Q3 numbers; brokerages raise targets

Thu, Feb 08, 2024

The company's consolidated profit after tax (PAT) for the December quarter was higher by 10.5 per cent to Rs 4028.25 crore from Rs 3645.34 crore Year-on-Year (YoY) against Zee Business research estimates of Rs 3732 crore. Revenue from operations was up by 2.6 per cent to Rs 11549.79 crore against Rs 11261.78 crore, compared to estimates of Rs 11438 crore.

Power Grid board approves raising Rs 2,200 crore via bonds

Power Grid board approves raising Rs 2,200 crore via bonds

Fri, Dec 29, 2023

The company's committee of directors for bonds, in their meeting on July 29, 2023, approved the raising of up to Rs 5,700 crore in FY 23-24 in multiple tranches to part finance its capex requirement.

PowerGrid shares rise after board approves proposal to raise Rs 2,250 crore through bonds

PowerGrid shares rise after board approves proposal to raise Rs 2,250 crore through bonds

Tue, Sep 26, 2023

PowerGrid announced on Monday that it had approved raising up to Rs 2,250 crore in FY23-24 in the second tranche to part finance its capex requirement.

PowerGrid shares tumble as PSU power generator's Q1 results miss Street estimates

PowerGrid shares tumble as PSU power generator's Q1 results miss Street estimates

Tue, Aug 01, 2023

PowerGrid share price: State-run power generator PowerGrid's shares suffered sharp losses on Tuesday, a day after the company reported a five per cent fall in consolidated net profit to Rs 3,597.2 crore for the June quarter amid higher finance costs.

PowerGrid Q1 results: Net profit falls 5% to Rs 3,597.16 crore

PowerGrid Q1 results: Net profit falls 5% to Rs 3,597.16 crore

Mon, Jul 31, 2023

PowerGrid Corporation of India Ltd on Monday posted over a 5 per cent decline in consolidated net profit to Rs 3,597.16 crore due to increased finance costs.

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