Powergrid board okays Rs 555 cr investment proposal for 85 MW solar project

State-owned Power Grid Corporation board on Monday approved an investment proposal of Rs 554.91 crore for an 85 MW solar power project at Nagda in Madhya Pradesh. “Board of Directors of POWERGRID in their meeting held on 31st July 2023 have accorded Investment Approval for implementation of 85 MW Solar PV Power Project… Continue reading Powergrid board okays Rs 555 cr investment proposal for 85 MW solar project

Powergrid Q1 profit falls 5% to Rs 3,597 cr on subdued transmission demand

Power Grid Corporation of India Ltd (Powergrid) on Monday posted over a 5 per cent decline in consolidated net profit to Rs 3,597.16 crore due to increased finance costs. It had reported a net profit of Rs 3,801.29 crore during the April-June period of the preceding 2022-23 fiscal, the company said in a… Continue reading Powergrid Q1 profit falls 5% to Rs 3,597 cr on subdued transmission demand