Power Grid Corporation of India Limited — Important, 01-04-2025: General Updates

Power Grid Corporation of India Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company has been declared a successful bidder under Tariff Based Competitive Bidding (TBCB) for establishing an Inter-State Transmission System, specifically a 400kV D/C Transmission Line connected to the Rewa PS sub-station in Madhya Pradesh. This project, operating on a Build, Own, Operate, and Transfer (BOOT) basis, may enhance POWERGRID's operational capacity and revenue potential. Investors may view this as a positive outlook, indicating growth opportunities in infrastructure development.