Power Grid surges on rising as successful bidder below TBCB by admin- Thursday, December 6th, 2018 04:02:08 PM
Power Grid Corporation of India is currently buying and selling at Rs. 184.50, up through 1.10 factors or zero.60% from its preceding last of Rs. 183.40 on the BSE.
The scrip opened at Rs. 185.00 and has touched a excessive and occasional of Rs. 185.60 and Rs. 183.60 respectively. So far 40293 shares had been traded on the counter.
The BSE institution ‘A’ inventory of face price Rs. 10 has touched a 52 week high of Rs. 217.00 on 24-May-2018 and a 52 week low of Rs. 174.25 on 26-Jul-2018.
Last one week high and low of the scrip stood at Rs. 189.25 and Rs. 178.Forty five respectively. The contemporary marketplace cap of the corporation is Rs. 96365.88 crore.
The promoters maintaining within the company stood at 56.34%, while Institutions and Non-Institutions held 39.01% and four.65% respectively.
Power Grid Corporation of India has been declared because the a hit bidder under Tariff primarily based aggressive bidding (TBCB) to set up ‘Transmission System for Evacuation of Power from 2 x 660 MW Jawaharpur Thermal Power Project and construction of 400 kV substation at Firozabad together with related Transmission Lines’ on build, personal function and preserve (BOOM) basis.
The Project is an Intra-State transmission system of Uttar Pradesh and incorporates 765kV, 400kV, 220kV and 132kV traces other than setting up a new 400/220/132 kV Substation at Firozabad, Uttar Pradesh. The Letter of Intent (LoI) has been acquired on December 05, 2018. This is the primary Intra State Transmission System Project won by using Power Grid Corporation of India Limited below Tariff Based Competitive Bidding.