Power Grid Corporation of India announced that pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 24 August 2022 acquired Neemuch Transmission (NTL), the Project SPV to establish Transmission System for Evacuation of Power from Neemuch SEZ``, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - REC Power Development and Consultancy. Powered by Capital Market - Live News

Power Grid Corporation of India announced that the 33rd Annual General Meeting (AGM) of the company will be held on 29 August 2022.Powered by Capital Market - Live News

Net profit of Power Grid Corporation of India declined 36.63% to Rs 3801.19 crore in the quarter ended June 2022 as against Rs 5998.28 crore during the previous quarter ended June 2021. Sales rose 6.72% to Rs 10905.21 crore in the quarter ended June 2022 as against Rs 10218.58 crore during the previous quarter ended June 2021. ParticularsQuarter Ended�Jun. 2022Jun. 2021% Var. Sales10905.2110218.58 7 OPM %84.7788.08 - PBDT7626.527490.51 2 PBT4331.264378.01 -1 NP3801.195998.28 -37 Powered by Capital Market - Live News

Power Grid Corporation of India announced the appointment of Raghuraj Madhav Rajendran, Joint Secretary, Ministry of Power as a Govt. Nominee Director on the Board of the company with immediate effect.Powered by Capital Market - Live News

Power Grid Corporation of India will hold a meeting of the Board of Directors of the Company on 8 August 2022.Powered by Capital Market - Live News