Power Grid pays Rs 2067.68 crore dividend for FY25
The Power sector company's top priorities and key focus areas include expanding the transmission network to support 500 GW of renewable energy by 2030.
Power Grid pays Rs 2067.68 crore dividend for FY25
Hon'ble Union Minister of Power, Shri Manohar Lal, was presented with a cheque of Rs 2067.68 Cr. for FY24-25 as the first interim dividend from Shri R. K. Tyagi, CMD POWERGRID, in the presence of Shri Pankaj Agarwal, Secretary (Power), Board of Directors of POWERGRID and other senior officials from MOP and POWERGRID.
The PSU company's top priorities and key focus areas include expanding the transmission network to support 500 GW of renewable energy by 2030. The company is focusing on deploying cutting-edge technologies and innovative solutions towards efficient project management and operation of assets.18 Oct 2024.
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In addition to this, Power Grid Corporation of India Ltd (PGCIL) has been assigned an ISTS scheme “Eastern Region Expansion Scheme – 44” or “ERES-44” under the regulated tariff mechanism (RTM) route. It is estimated to cost Rs.385.77 crore, with an envisaged implementation period of 18 months (15 months on best-effort basis), this scheme was approved at a recent meeting of National Committee on Transmission (NCT). ERES-44 will take shape in West Bengal.
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