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2025-12-31 10:52:08 am | Source: Accord Fintech
Power Grid Corporation gains on emerging as successful bidder for Andhra Pradesh project
Power Grid Corporation gains on emerging as successful bidder for Andhra Pradesh project

Power Grid Corporation Of India is currently trading at Rs. 263.15, up by 2.85 points or 1.09% from its previous closing of Rs. 260.30 on the BSE. 

The scrip opened at Rs. 261.80 and has touched a high and low of Rs. 263.25 and Rs. 260.60 respectively. So far 37054 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 321.75 on 21-Apr-2025 and a 52 week low of Rs. 247.50 on 28-Feb-2025.

Last one week high and low of the scrip stood at Rs. 269.30 and Rs. 259.15 respectively. The current market cap of the company is Rs. 244140.85 crore.

The promoters holding in the company stood at 51.34%, while Institutions and Non-Institutions held 45.06% and 3.61% respectively.

Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish the project namely ‘Selection of Battery Energy Storage Developers for setting up of cumulative capacity of 2,000 MWh (1,000 MW x 2 hrs) Standalone Battery Energy Storage System in the Selected Sub-Stations of APTRANSCO, Andhra Pradesh for 'on Demand' usage under Tariff-Based Competitive Bidding with Viability Gap Funding supported through PSDF, under the Build-Own-Operate (BOO) Model-Battery Energy Storage System Project at 400/220kV SS Kalikiri in Chittoor District for a Capacity of 150 MW/300MWh’.

The Letter of Award (LoA) has been received by the company on December 29, 2025.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.

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