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The latest update is out from Power Grid Corporation of India Limited ( (IN:POWERGRID) ).
Power Grid Corporation of India Limited has received investment approval from its Committee of Directors for two significant projects. The first project involves the implementation of a VOIP Communication system for grid operations across all five regions in India, with an estimated cost of ₹209.68 crore and a completion target of August 2026. The second project focuses on enhancing disaster preparedness of transmission infrastructure through the procurement of Emergency Restoration Systems, costing ₹495.83 crore, expected to be completed by April 2027. These initiatives are poised to strengthen the company’s operational capabilities and enhance its infrastructure resilience.
More about Power Grid Corporation of India Limited
Power Grid Corporation of India Limited operates in the energy sector, focusing on the transmission of electricity across India. It is a key player in the power transmission industry, providing infrastructure for efficient and reliable electricity distribution.
Average Trading Volume: 449,945
Technical Sentiment Signal: Buy
Current Market Cap: 2727.9B INR
Learn more about POWERGRID stock on TipRanks’ Stock Analysis page.