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PowerGrid commissions record Rs 30,300 cr projects in 2015-16

The Power Grid Corporation of India (PowerGrid) has commissioned a record Rs 30,300 crore projects in the just-concluded fiscal and also achieved a planned capex of Rs 22,500 crore.

Power Grid FPO opens on bourses

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

"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.

FinMin meets PSU officials, discusses surplus fund utilisation

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.

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

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

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

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

PowerGrid mulls JVs with states to set up transmission network

The state-run PowerGrid Corporation is looking at entering into joint venture agreements with various state governments for laying out intra-state transmission networks, a senior official has said.

NTPC, PowerGrid pull out of CWG sponsorship

The crisis-riden CWG has received a further jolt with two power PSUs, NTPC and PowerGrid, deciding to hold back their Rs 40 crore sponsorship money out of a combined committed sum of Rs 60 crore for the event.

NTPC, PowerGrid pull out of CWG sponsorship

The crisis-riden CWG has received a further jolt with two power PSUs, NTPC and PowerGrid, deciding to hold back their Rs 40 crore sponsorship money out of a combined committed sum of Rs 60 crore for the event.