Power Grid Corporation of India (POWERGRID.EQ-IN)

QUOTE AND NEWS
The Hindu Business Line  Aug 27  Comment 
Shares of Power Grid Corporation of India Ltd jumped as much as 3.85 per cent, their biggest intra-day gain since June 25.According to technicals, P
The Economic Times  Aug 4  Comment 
Buy Power Grid Corporation of India Ltd. at a price target of Rs 256.
The Hindu Business Line  Jun 5  Comment 
Power Grid Corporation of India Ltd, Southern Region Transmission System-I, Secunderabad has signed a memorandum of understanding (MoU) with the Nati
The Economic Times  Jun 5  Comment 
Accumulate Power Grid Corporation of India Ltd. at a price target of Rs 244.0 .
The Economic Times  Jun 3  Comment 
The companies in which govt is likely to pare its stake include NTPC Ltd, Steel Authority of India Ltd and Power Grid Corporation of India Ltd among others.
The Hindu Business Line  Mar 9  Comment 
  Power Grid Corporation of India has been declared the successful bidder under tariff-based competitive bidding to establish transmission system for New WR-NR 76
The Economic Times  Feb 7  Comment 
Buy Power Grid Corporation of India Ltd. at a price target of Rs 230.0 .
The Economic Times  Feb 5  Comment 
Buy Power Grid Corporation of India Ltd. at a price target of Rs 209.0 and a stop loss at Rs 187 from entry point.
The Economic Times  Nov 13  Comment 
Buy Power Grid Corporation of India at a price target of Rs 230 and a stop loss at Rs 202 from the entry point.
The Hindu Business Line  Nov 2  Comment 
Skipper Ltd has informed the exchanges that Power Grid Corporation of India has approved its newly-built plant at Guwahati (Parley village), with a capacity of 30,000 tonnes per annum for engineering ...




 
TOP CONTRIBUTORS

POWERGRID, a Navratna Public Sector Enterprise, is one of the largest transmission utilities in the world. POWERGRID wheels about 45% of the total power generated in the country on its transmission network. POWERGRID has a pan India presence with around 68000 Circuit Kms of Transmission network and 115 nos. of EHVAC & HVDC sub-stations with a total transformation capacity of 75,000 MVA.POWERGRID has also diversified into Telecom business and established a telecom network of more than 19,000 Kms across the country.POWERGRID has consistently maintained the transmission system availability at 99.65% which is at par with the International Utilities.

POWERGRID Corporation of India Ltd has been carrying out its responsibilities efficiently in the Construction,Operation & Maintenance of inter-State transmission systems and operation of Regional Power Grids. It has been notified as the Central Transmission Utility (CTU) of the country.

Ever since its inception in 1992, POWERGRID has established a transmission network of about 66,800 circuit kms and 111 sub-stations having more than 73,000 MVA transformation capacity. At the begenning of its commercial business, the initial network was only 22,220 circuit kms and 42 substations with transformation capacity of 12,200 MVA.

Based on its impeccable performance in a short span of time, POWERGRID was recognized as the Miniratna Category–I PSU by GoI w.e.f. Oct’98. POWERGRID has achieved many milestones & established benchmarks in various areas of its business operations and now plays a strategic role in the Indian Power Sector in establishing & maintaining the transmission infrastructure. Recognising POWERGRID’s sterling performance, the Government of India conferred the status of “Navratna” to POWERGRID w.e.f 1st May, 2008.

On 12-Feb-2009, Morgan Stanley Capital International announced it would add Power Grid in its Emerging Market Indices; the scrip would be added after close of trading on February 27.

This was done as part of the MSCI quarterly Index Review.

Power Grid is one of the largest additions to the index; the other additions include Brazil’s Banco Nossa Caixa and Russia’s Federal Grid Ues (Rub).

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