Power Grid Corporation rises on getting nod for cold spare transformers, reactors procurement
Power Grid Corporation of India is currently trading at Rs. 256.00, up by 1.75 points or 0.69% from its previous closing of Rs. 254.25 on the BSE.
The scrip opened at Rs. 253.50 and has touched a high and low of Rs. 257.00 and Rs. 252.50 respectively. So far 464327 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. 261.50 and Rs. 252.50 respectively. The current market cap of the company is Rs. 238281.47 crore.
The promoters holding in the company stood at 51.34%, while Institutions and Non-Institutions held 44.98% and 3.68% respectively.
Power Grid Corporation of India has received approval from Committee of Directors on Investment on Projects for implementation of ‘Procurement of cold spare Transformers & Reactors approved in 51st WRPC’, at an estimated cost of Rs 401.88 crore, scheduled to be implemented within 30 months from the date of Investment Approval.
The company has received approval for implementation of ‘Procurement of cold spare Transformers & Reactors approved in 28th NERPC’, at an estimated cost of Rs 166.33 crore, scheduled to be implemented within 30 months from the date of Investment Approval.
Further, the company has also received approval for implementation of ‘Procurement of cold spare Transformers & Reactors approved in 53rd SRPC’, at an estimated cost of Rs 345.78 crore, scheduled to be implemented within 30 months from the date of Investment Approval.
The committee of Directors on Investment on Projects of Power Grid Corporation, in its meeting held on January 20, 2026, has considered and approved the same.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
