Power Grid seeks $500 million loan from World Bank

Last Updated: Thursday, February 26, 2015, 14:00

Central transmission utility Power Grid Corporation has sought USD 500 million loan assistance from the World Bank for financing projects.

Power Grid Q3 net up 18% at Rs 1,228.91 crore

Last Updated: Wednesday, February 11, 2015, 19:19

State-owned Power Grid Corp today reported 18 per cent increase in net profit at Rs 1,228.91 crore for the third quarter ended December 31, 2014, on the back of rise in income from operations.

Peak power deficit down to 3.3% in Dec: CEA

Last Updated: Sunday, January 11, 2015, 12:48

Peak power deficit in the country reduced to 3.3 percent last month due to improved coal supplies, generation capacity addition and connectivity of the southern transmission network with the National Grid.

Goldman starts Power Grid with ''buy'' rating

Last Updated: Monday, January 20, 2014, 11:55

Goldman Sachs initiates coverage on Indian power companies with a "buy" rating on Power Grid Corp of India Ltd, saying the sector could benefit from recent reforms, although the magnitude of power tariff hikes could be the biggest risk.

With national grid, South to have access to 1,500 MW additional power

Last Updated: Sunday, January 5, 2014, 14:07

Providing succour for the power starved South, the region is expected to have access to additional electricity flow of about 1,500 MW once the all India national power grid becomes fully operational.

Power Grid gets shareholder approval to hike FII limit to 30%

Last Updated: Friday, December 27, 2013, 23:40

Power Grid Corporation of India has received shareholder approval to increase the limit of holdings by foreign institutional investors to 30 percent from 24 percent currently.

Natgrid would deter terror attacks: Shinde

Last Updated: Thursday, December 19, 2013, 19:47

Sushilkumar Shinde expressed hope that Natgrid centre in Delhi would function as a deterrent against terrorism in the country.

Power Grid lists fresh equity; share price falls in early trade

Last Updated: Thursday, December 19, 2013, 15:08

State-owned Power Grid Corp on Thursday said it would utilise the proceeds worth about Rs 5,400 crore from the follow-on public offer towards 27 transmission projects.

Power Grid share sale subscribed 6.73 times

Last Updated: Friday, December 6, 2013, 20:39

The share sale offer of Power Grid Corporation was subscribed 6.73 times on the final day of offer Friday as institutional and retail buyers queued up to bid for shares in the state-run transmission utility.

Power Grid share sale subscribed 4.77 times on Day 3

Last Updated: Thursday, December 5, 2013, 20:27

The follow-on-public offer (FPO) of Power Grid Corporation was subscribed 4.77 times on the third day of offer Thursday with institutional buyers lapping up the shares.