PowerGrid's Rs 7,083 cr FPO opens Tuesday

Last Updated: Monday, December 2, 2013, 20:16

Power Grid Corporation of India Ltd (PGCIL), which expects to raise Rs 7,083 crore through the follow-on public offer - to hit the market Tuesday - plans to utilise the proceeds partly to fund its 27 transmission line projects worth over Rs 48,354 crore.

Power Grid plans to set up arm for energy efficiency solutions

Last Updated: Sunday, November 24, 2013, 13:34

Pursuing diversification agenda, electricity transmission utility Power Grid plans to set up an unit for providing energy efficiency solutions.

PGCIL FPO likely to hit market on Dec 3; may fetch Rs 7,400 cr

Last Updated: Sunday, November 24, 2013, 11:35

A panel of ministers on disinvestment is likely to meet on Friday to decide on the price band for PGCIL disinvestment, which is expected to raise around Rs 7,400 crore at current stock price.

Power Grid $1.2 bn share sale likely on Dec 3: Sources

Last Updated: Tuesday, November 19, 2013, 17:49

Power Grid said on Monday that it had filed for a follow-on offering of 787 million shares, or 17 percent stake, with the market regulators.

Power generation resumes at Kudankulam Nuclear Power plant

Last Updated: Monday, November 11, 2013, 14:19

Power generation at Kudankulam Nuclear Power Plant in Tamil Nadu, which was temporarily suspended last week, has resumed after the turbine of the first unit was resynchronised with the Southern grid, a top official of the plant said.

Power Grid to invest Rs 2,820 crore in four projects

Last Updated: Wednesday, October 30, 2013, 22:18

State-owned Power Grid Corp Wednesday said its board has investments worth Rs 2,820.04 crore for four projects.

CCEA likely to take up Power Grid FPO this week

Last Updated: Sunday, October 27, 2013, 11:21

The Cabinet Committee on Economic Affairs may this week take up Power Ministry's proposal of follow-on public offer of state-run Power Grid Corporation, which is expected to mop up close to Rs 8,000 crore.

Kudankulam n-power project connects to southern grid

Last Updated: Tuesday, October 22, 2013, 20:56

The first unit of the Russian-aided Kudankulam Nuclear Power Project (KNPP) was connected with the southern electricity grid Tuesday, the project officially announced here.

Amid AP crisis, special team keeps watch on electricity grid

Last Updated: Tuesday, October 8, 2013, 22:24

Amid anti-Telangana agitations impacting power supplies in Andhra Pradesh, the Union Power Ministry has set up a special team to monitor the functioning of electricity grid the state.

Neerja Mathur likely to be first woman chairperson of CEA

Last Updated: Friday, October 4, 2013, 15:43

Neerja Mathur is likely to be appointed as the first woman Chairperson of Central Electricity Authority.

Power Grid subsidiary POSOCO to be made separate entity

Last Updated: Thursday, September 26, 2013, 12:27

The Power Ministry will soon approach the Cabinet for allowing hiving off Power System Operation Corporation Ltd from state-run Power Grid into a separate entity.