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    • Aim to maintain capex guidance of Rs 22500 cr: Power Grid

    • Raichur-Solapur line's working fine, stable now: Power Grid

    • Final FPO price expected on Dec 2: Power Grid

    • Rs 7k cr capitalization enough to take view for yr: PGCIL

      RN Nayak, Chairman & MD, Power Grid, says capitalization is more than Rs 7,000 crore as on date. According to him, it is sufficient to take a view for the whole year.

    • Power Grid ups capex by 10% to Rs 1.10 lakh cr

      RN Nayak, CMD of Power Grid Corporation of India told CNBC-TV18 that it has reviewed the capex of the plan and have found that the capex is increasing from Rs 100,000 crore to Rs 110,000 crore.

    • Power Grid will maintain 20% growth in FY14: Nayak

      Power Grid's June quarter profit rose slightly lower-than-expected 19.5 percent year-on-year to Rs 1,040 crore. Total income increased higher-than-expected 23 percent to Rs 3,560 crore in April-June quarter from Rs 2,888 crore in a year ago period.

    • Rise in capex increased interest costs, says Power Grid

      In an interview with CNBC-TV18, RN Nayak, CMD of Power Grid said there has been a 32% jump in its transmission revenue, while consultancy has gone up by 7% in Q1.

    • Power Grid hopes to meet its capex target

      State-run Power Grid Corp of India is on track to spend its planned five-year capital expenditure of Rs 550 billion (USD 11 billion) by March 2012 and has achieved close to 80% of it till now, its chairman and managing director RN Nayak told reporters.

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