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Power Grid Corp
BSE: 532898NSE: POWERGRIDISIN: INE752E01010

24th-Jun-2019 20:39Source: BSE

Power Grid Corporation of India - Announcement under Regulation 30 (LODR)-Joint Venture

Power Grid Corporation of India Limited has entered into a Joint Venture Agreement with NTPC Ltd. to incorporate a Joint Venture Company (JVC) on 50:50 equity participation basis, with an objective to undertake the business for distribution of electricity in various States and Union Territories of India and other related activities. The said JVC shall be incorporated only after obtaining necessary approvals of the Government.

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