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PGCIL board approves Rs 425 crore fresh equity investment in EESL

State-owned Power Grid Corporation of India Ltd (PGCIL) board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services

Power Grid Corporation Of India Limited (PGCIL) logo

Power Grid Corporation Of India Limited (PGCIL) logo

Press Trust of India New Delhi

State-owned Power Grid Corporation of India Ltd (PGCIL) board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services.

The Board of Directors of Power Grid has, in its 394th Meeting held on August 10, 2021, approved the proposal to infuse fresh equity up to Rs. 425 crore in Energy Efficiency Services Limited (EESL), a Joint Venture Company of Power Grid, NTPC, PFC and REC, a company statement said.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 11 2021 | 9:25 PM IST

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