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Power Grid Corporation of India Ltd News

Power Grid share price slips 4% on weak Q3 performance; details here

Power Grid's consolidated profit dropped 4.1 per cent year-on-year (Y-o-Y) to Rs 3,861.6 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 4,028.3 crore in Q3FY24

Power Grid share price slips 4% on weak Q3 performance; details here
Updated On : 04 Feb 2025 | 10:15 AM IST

Power Grid Corp Q3 results: PAT dips 4% to Rs 3,682 cr on weak demand

The state-run energy transmission company's consolidated net profit fell 4% to 38.62 billion rupees ($443.5 million) in the three months to Dec. 31

Power Grid Corp Q3 results: PAT dips 4% to Rs 3,682 cr on weak demand
Updated On : 03 Feb 2025 | 9:01 PM IST

L&T, NTPC: Should you buy these 5 stocks on capex hike hope in Budget 2025?

Technical chart shows that L&T, NTPC, Jain Irrigation seem to be placed favourably, while Siemens and Power Grid Corporation look weak. Here are the key levels to watch out on these 5 shares.

L&T, NTPC: Should you buy these 5 stocks on capex hike hope in Budget 2025?
Updated On : 27 Jan 2025 | 2:05 PM IST

Power Grid shares charge on securing power transmission project in Gujarat

Shares of Power Grid Corporation India gained up to 2.58 per cent at Rs 323.20 a piece on the BSE in Thursday's intraday

Power Grid shares charge on securing power transmission project in Gujarat
Updated On : 21 Nov 2024 | 1:27 PM IST

NTPC Green Energy IPO opens today: How to trade NTPC, other power stocks

NTPC Green Energy IPO: Trading strategies for NTPC, Power Grid and other listed power stocks on the BSE, NSE.

NTPC Green Energy IPO opens today: How to trade NTPC, other power stocks
Updated On : 19 Nov 2024 | 10:17 AM IST

Power Grid Corp stock rallies 5% on healthy outlook; higher capex guidance

The company has raised its FY27 capex and capitalization targets to Rs 40,000 crore, up from an earlier target of Rs 25,000 crore, and its seven-year capex guidance to Rs 3 trillion.

Power Grid Corp stock rallies 5% on healthy outlook; higher capex guidance
Updated On : 11 Nov 2024 | 3:12 PM IST

Power Grid Corp Q2 results: Net profit almost flat at Rs 3,793 cr

State-owned Power Grid Corporation of India (PGCIL) on Wednesday said its consolidated net profit stood almost flat at Rs 3,793.02 crore in the July-September quarter of this financial year. The company had reported a consolidated net profit of Rs 3,781.42 crore in the quarter ended on September 30, 2023, the company said in a regulatory filing. Total income of the company rose to Rs 11,845.93 crore in the quarter under review from Rs 11,530.43 crore in the same period a year ago. The board also approved payment of first interim dividend of Rs 4.50 per equity share of Rs 10 each for the financial year 2024-25. The board also approved the proposal to sell, assign, transfer 26 per cent residual equity shareholding in four associate companies -- POWERGRID Kala Amb Transmission, POWERGRID Parli Transmission, POWERGRID Warora Transmission and POWERGRID Jabalpur Transmission to POWERGRID Infrastructure Investment Trust (PGInvIT).

Power Grid Corp Q2 results: Net profit almost flat at Rs 3,793 cr
Updated On : 06 Nov 2024 | 6:27 PM IST

Q2 results today: Tata Steel, Apollo, JK Lakshmi among 97 to post earning

Q2 results today, November 6: Aadhar Housing Finance, Power Grid Corporation of India, and Jindal Steel & Power will be releasing their Q2FY25 results today

Q2 results today: Tata Steel, Apollo, JK Lakshmi among 97 to post earning
Updated On : 06 Nov 2024 | 10:32 AM IST

Power Grid Corporation, Indian Bank raise Rs 5,000 crore each in single day

Infrastructure bonds have a tenor of at least seven years and the proceeds are utilised by banks to fund long-term infrastructure projects

Power Grid Corporation, Indian Bank raise Rs 5,000 crore each in single day
Updated On : 24 Oct 2024 | 8:59 PM IST

Maharatna stock: Power Grid Corporation bags new project; shares up 3%

Power Grid Corporation shares have yielded a return of 68.40 per cent in the last one year, and 112.72 per cent in the last two years

Maharatna stock: Power Grid Corporation bags new project; shares up 3%
Updated On : 10 Oct 2024 | 2:56 PM IST

Power Grid gains 2% on securing transmission system project in Gujarat

Power Grid will install STATCOMs--electronic devices that regulate voltage on power grids, at Khavda along with associated bay extension work in Gujarat

Power Grid gains 2% on securing transmission system project in Gujarat
Updated On : 24 Sep 2024 | 12:17 PM IST

Power Grid acquires project-specific SPV for power evacuation in Rajasthan

Power Grid on Wednesday said it has acquired a project-specific special purpose vehicle for evacuation of power from Bhadla-III power station in Rajasthan. In a BSE filing, Power Grid said it emerged as the successful bidder for the said project after competing with other private sector players in a tariff-based competitive bidding (TBCB) process. "Power Grid has acquired Bhadla-III Power Transmission for establishing the transmission system associated with additional transmission system for evacuation of power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW)," it said. The Project is an Inter State Transmission System Project and is to be commissioned in 18 months from the date of transfer of the SPV.

Power Grid acquires project-specific SPV for power evacuation in Rajasthan
Updated On : 28 Aug 2024 | 9:09 PM IST

Power Grid gets shareholders' nod to raise borrowing limit to Rs 15k cr

State-owned Power Grid Corporation on Friday said it has received shareholders' approval to raise the borrowing limit to Rs 15,000 crore for the 2024-25 fiscal year. The approval was received at its annual general meeting held on Thursday, the company said. Based on the consolidated report of the scrutiniser, all resolutions as set out in the notice of 35th annual general meeting read with addendum to the notice dated August 12, 2024, have been duly approved by shareholders with requisite majority, according to a BSE filing. The company said shareholders approved the resolution to enhance the borrowing limit from Rs 12,000 crore to Rs 15,000 crore, from the domestic market through the issue of secured/unsecured, non-convertible, cumulative/non-cumulative, redeemable, taxable/tax-free debentures/bonds under private placement for the 2024-25 financial year, it stated. The shareholders also approved the proposal to raise funds up to Rs 16,000 crore, from domestic market through the ..

Power Grid gets shareholders' nod to raise borrowing limit to Rs 15k cr
Updated On : 23 Aug 2024 | 9:00 PM IST

Power Grid acquires two project special purpose vehicles from PFCCL

Power Grid Corp on Thursday said it has acquired 2 project special purpose vehicles from PFC Consulting Ltd. The two SPVs are Sirohi Transmission Ltd and Beawar-Mandsaur Transmission Ltd, a company statement said. Sirohi Transmission shall implement a system comprising establishment of new 765/400 kV sub-station near Sirohi in Rajasthan, 765kV & 400kV D/C transmission lines and associated bays extension works at existing substation in the state. Beawar-Mandsaur Transmission shall implement a system comprising establishment of 765kV D/C transmission line and associated bays extension works at existing sub-station in Rajasthan and Madhya Pradesh. Both transmission systems are to be commissioned in 24 months. According to the statement, the bid process coordinator for the two SPVs is PFC Consulting Ltd (PFCCL), which conducted a tariff-based competitive bidding. POWERGRID, through its various project SPVs, is implementing transmission system projects being constructed on build, own,

Power Grid acquires two project special purpose vehicles from PFCCL
Updated On : 22 Aug 2024 | 10:53 PM IST