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Power Grid to seek shareholders nod to raise Rs 14,000 crore

Last Updated: Wednesday, August 26, 2015, 18:35

State-owned utility Power Grid Wednesday said it will seek shareholders' approval next month to raise up to Rs 14,000 crore from domestic and external sources during the fiscal 2016-17.

Adani Power bags 3 transmission projects, Sterlite Grid gets 1

Last Updated: Wednesday, July 15, 2015, 19:43

"Adani Power has been the lowest bidder for three power transmission projects -- Chhattisgarh A, Chhattisgarh B and Sipat. Sterlite Grid is the lowest bidder for Maheshwaram transmission project," a source said.

Power Grid plans to invest Rs 22,500 crore in FY16

Last Updated: Tuesday, June 2, 2015, 18:00

State-run transmission utility Power Grid Corporation (PGCIL) is planning to invest Rs 22,500 crore this fiscal to fuel its expansion plans.

Power Grid Q4 net profit up 20% at Rs 1,412 cr

Last Updated: Saturday, May 30, 2015, 21:47

State utility Power Grid Corporation on Saturday posted a 20 percent rise in its standalone net profit at Rs 1,412.48 crore for the quarter ended March 31, 2015.

Power Grid gets shareholders nod to raise Rs 13,000 cr in FY16

Last Updated: Monday, May 18, 2015, 14:21

State-owned Power Grid Corporation has got shareholders' approval to raise up to Rs 13,000 crore from domestic and external sources during the current fiscal.

Power Grid to invest over Rs 1,000 cr in next few years

Last Updated: Thursday, May 14, 2015, 18:16

The board has also approved an investment of Rs 780.33 crore for creation of 400/220kV substations.

Alstom T&D India bags Rs 227 crore order from Power Grid

Last Updated: Tuesday, May 12, 2015, 16:20

"Alstom T&D India has been awarded a contract of approximately euro 34 million by Power Grid Corporation of India (Power Grid) to supply two gas-insulated substations," the company said in a statement.

Alstom T&D India gets to lead Himachal smart project

Last Updated: Tuesday, May 5, 2015, 15:30

Alstom T&D India on Tuesday said it has been picked to lead the smart grid pilot project by Himachal Pradesh State Electricity Board.

Power Grid Corp approves investment worth Rs 5,548-crore

Last Updated: Tuesday, April 21, 2015, 20:43

Power Grid Corp on Tuesday said its Board has approved investments worth Rs 5,547.90-crore in various projects including for the inter-state electricity transmission.

Sri Lanka to take call on Rs 3K cr undersea power link: PGCIL

Last Updated: Wednesday, April 8, 2015, 14:09

State-owned Power Grid Corp on Wednesday said the call to implement the proposed Rs 3,000 crore undersea power transmission link has to be taken by Sri Lanka.

Power Grid to invest Rs 2,000 cr for transmission projects

Last Updated: Thursday, March 26, 2015, 19:13

State-owned Power Grid Corp will make investments worth over Rs 2,000 crore for execution of various projects including creating transmission network in the national capital in the next 2-3 years.

PowerGrid approves Rs 1,481 cr investment in 5 projects

Last Updated: Thursday, March 5, 2015, 20:56

Central transmission utility Power Grid Corporation Thursday said its board has approved total investment of Rs 1,481 crore in its various projects to be commissioned in the next 2-3 years.