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Power Grid FPO opens on bourses

Last Updated: Tuesday, December 03, 2013, 13:19

In the first hour of trading, only 15,750 shares were bid for in the retail investor category of the over 27.44 crore reserved for them, as per data available on the NSE.

PowerGrid files FPO document with RoC

Last Updated: Monday, November 18, 2013, 20:01

"Power Grid Corporation has filed the red herring prospectus with the Registrar of Companies (RoC) in connection with the Follow on Public Offer (FPO) of 787,053,309 equity shares of Rs 10 each of the company constituting 17 per cent of its existing paid-up capital," the company said in a regulatory filing to stock exchanges.

PowerGrid ups 12th Plan capex by 10-15%; to sell 15% via OFS

Last Updated: Friday, August 02, 2013, 18:20

PowerGrid Corporation has decided to revise upwards its capital expenditure for the 12th Plan period (2012-17) by 10-12 percent to meet expansion plans, a top official said.

PowerGrid to raise Rs 8,000 cr via domestic, overseas bond sale

Last Updated: Wednesday, May 29, 2013, 20:50

State-run power transmission company, Power Grid Corporation plans to raise Rs 8,000 crore during the fiscal through domestic and international bonds.

FinMin meets PSU officials, discusses surplus fund utilisation

Last Updated: Wednesday, January 16, 2013, 21:53

Economic Affairs Secretary Arvind Mayaram met top officials of bluechip PSUs and discussed possible ways to efficiently utilise their surplus cash that would boost investments and spur economic growth, sources said.

Power stocks gain up to 3.4%

Last Updated: Monday, July 30, 2012, 21:05

Shares of power companies on Monday rose by as much as 3.4 percent in tandem with an overall rally in the stock market, despite severe power crisis in entire north India due to collapse of the Northern Grid early morning.

Fire breaks out at Kahalgaon powergrid

Last Updated: Sunday, July 01, 2012, 14:08

A fire broke out at a powergrid of BSEB at Kahalgaon in Bhagalpur district resulting in the disruption of power supply to several districts of Bihar.

Alstom T&D India bags contracts worth Rs 225 crore from PowerGrid

Last Updated: Thursday, June 14, 2012, 14:28

Alstom T&D India, an arm of French firm Alstom on Thursday said it has bagged two contracts worth Rs 225 crore from state-run PowerGrid Corp for setting transmission network for three power projects.

Alstom T&D India bags Rs 41-crore contract from PowerGrid

Last Updated: Wednesday, June 06, 2012, 12:32

Alstom T&D India, an arm of French firm Alstom, on Wednesday said it has bagged a contract worth Rs 41 crore from PowerGrid Corp for setting up transmission network at Daltonganj in Jharkhand.

Alstom T&D India bags Rs 65-cr order from PowerGrid

Last Updated: Monday, February 27, 2012, 15:42

This contract by PowerGrid is to procure circuit breakers (equipment used in power transmission) for various sub-stations.

PowerGrid Q3 net soars 37%; to get Rs 5,000cr LoC from SBI

Last Updated: Friday, February 10, 2012, 19:24

Central transmission utility PowerGrid Corp, which reported a 37 percent rise in December quarter net at Rs 809 crore, today said it is likely to get a Rs 5,000-crore line of credit (LoC) from the State Bank.

PowerGrid net up 37% at over Rs 809 cr

Last Updated: Wednesday, February 08, 2012, 23:25

The company posted profit of Rs 591.19 crore during the same quarter of last financial year.