Energy Grid Corp Share Value NSE, BSE: Shares of Energy Grid Corp are in focus at this time as the corporate has acquired 2 venture particular goal autos from PFC Consulting Ltd. The counter opened with a achieve as fairness benchmark indices continued their upward motion on Friday. The scrip began the session at Rs 335.50 – a achieve of 0.47 per cent from the earlier shut of Rs 333.90.
Energy Grid Corp Share Value Historical past
The PSU inventory has given a constructive return of round 78 per cent in a single yr and 96 per cent in two years. The counter has made buyers wealthier by round 153 per cent in three years. The counter has already gained over 40 per cent this yr.
Energy Grid Corp in Information
The 2 SPVs are Sirohi Transmission Ltd and Beawar-Mandsaur Transmission Ltd, an organization assertion mentioned.
Sirohi Transmission shall implement a system comprising institution of recent 765/400 kV sub-station close to Sirohi in Rajasthan, 765kV & 400kV D/C transmission traces and related bays extension works at current substation within the state.
Beawar-Mandsaur Transmission shall implement a system comprising institution of 765kV D/C transmission line and related bays extension works at current sub-station in Rajasthan and Madhya Pradesh.
Each transmission methods are to be commissioned in 24 months.
In line with the assertion, the bid course of coordinator for the 2 SPVs is PFC Consulting Ltd (PFCCL), which performed a tariff-based aggressive bidding.
POWERGRID, by way of its varied venture SPVs, is implementing transmission system tasks being constructed on construct, personal, function and switch (BOOT) foundation.
These tasks will increase the Indian transmission infrastructure to evacuate inexperienced power to the Nationwide Grid, thereby lowering dependency on fossil fuels, according to the federal government’s imaginative and prescient of reaching 500 GW renewable power goal by 2030.
With company inputs