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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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.
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.
Mon, May 22, 2023
PowerGrid share price NSE, BSE: The stock of the PSU power transmission company rose on Monday as investors gave a thumbs-up to its strong Q4 results.
Fri, May 19, 2023
PowerGrid Q4 Result Preview: PowerGrid — a state-run power transmission company — is likely to report a net profit of Rs 4222 crore for the quarter ended March 2023, boosted by stronger asset capitalisation, according to Zee Business research.
Q4 results HIGHLIGHTS; NTPC, PowerGrid, Delhivery earnings: More than 100 companies are scheduled to report their Q4 earnings on May 19, including NTPC, PowerGrid, Zomato, Delhivery, Bandhan Bank JK Lakshmi Cement, Crompton Greaves Consumer, Muthoot Finance, Motherson Sumi Wiring and Dalmia Bharat Sugar. The latest earnings come a day after State Bank of India (SBI) and ITC reported better-than-expected numbers and declared dividends. Catch minute-by-minute updates on latest earnings updates, market expectations, management commentary, LIVE, and the views of Zee Business Managing Editor Anil Singhvi and other experts only on Zeebiz.com's blog.
Tue, Jan 31, 2023
PowerGrid Share Price: The stock of the PSU power transmission company jumped by around Rs 8 or four per cent to Rs 220.2 apiece at the strongest level of the day on BSE.
Mon, Jan 30, 2023
PowerGrid is likely to report an 8.7 per cent year-on-year increase in net profit to Rs 3,580 crore for the quarter ended December 2022 boosted by stronger asset capitalisation, according to Zee Business research. The PSU will report its financial results for the three-month period on January 31.
Mon, Dec 05, 2022
The state-owned power transmission major has also got approval from the Central Electricity Regulatory Commission (CERC) to operate data centres.
Tue, Nov 29, 2022
Domestic brokerage firm Sharekhan has recommended these three stocks--PI Industries, PowerGrid, and Cummins. According to brokerage firm, these stocks can yield up to 23% return in 12 months.
Wed, Sep 28, 2022
G Ravisankar has done Post Graduate Diploma in Personnel Management and Materials Management from Annamalai University.
Mon, Jun 07, 2021
NTPC share price is up nearly 4% today, trading at Rs 116, up Rs 4. The 52 week low on NTPC is Rs 78 and market cap is near 1.12 lk cr. NTPC share price is trading near its 52 week high of Rs 116.75. Power Grid Corporation is up 3% today, trading at Rs 233, up Rs 7 today. 52 week low on the stock is Rs 154.6 and the 52 week high is Rs 239.85. Market cap of Power Grid Corporation is Rs 1.27 lk cr.
Wed, Apr 28, 2021
Zee Business Managing Editor Anil Singhvi says that PowerGrid started operations from as far back as 1989. This is a Maharatna company of the Government of India. It is also India’s largest power transmission company with 85% market share. On top of that, it is the world's 3rd largest power utility company
Mon, Apr 26, 2021
POWERGRID InvIT IPO: The POWERGRID Infrastructure Investment Trust (PGInvIT) was formed on September 14, 2020 by the sponsor, Power Grid Corporation of India Ltd. (“POWERGRID”) as an irrevocable trust. The Investment objectives of the Trust is to carry on the activities of and to make investments as an infrastructure investment trust as permissible in terms of the InvIT Regulations and the Trust Deed, says Axis Capital
Tue, Dec 22, 2020
Sharekhan maintains their Buy rating on Power Grid with an unchanged price target of Rs 220. India’s aim to expand its renewable power capacity to 445 GW (versus only 87 GW in FY2020) would entail a capital expenditure of Rs. 2.86 lk cr (as per Power Grid’s estimate) in the next decade to augment power transmission lines. This provides strong growth opportunity of 8-9% annually for players such as Power Grid and would drive sustainable earnings growth in medium to long term.
Thu, Jun 13, 2019
Markets ended flat on Thursday with gains being capped by banking and auto stocks. Weak global cues and rising retail inflation, too, contributed to a lackluster trade. The S&P BSE Sensex ended 15 points, or 0.04 per cent, lower at 39,741 levels dragged by select blue-chip counters like IndusInd Bank, Reliance Industries, YES Bank and Infosys. While PowerGrid and M&M were the top gainers, YES Bank and IndusInd slipped the most.
Mon, Feb 25, 2019
The contract is for extending the 765kV AIS substation and setting up a new 400kV /220kV Gas-Insulated Substation at Bhuj and extend the existing 400kV GIS at Tirunelveli Substation, associated with the Green Corridor Transmission System, it said.
Thu, Aug 24, 2017
dian stocks today shrugged off weakness in US markets as the Sensex surged over 110 points, with domestic investors doing the job amid positive Asian cues.
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