Power Grid infuses Rs407.5cr in the joint venture, Efficiency Services; Stock up

EESL is a joint venture company of Power Grid, NTPC, PFC and REC.

Sep 16, 2021 03:09 IST India Infoline News Service

Power Grid Corporation Of India
Power Grid has infused Rs407.5cr in the joint venture company, Energy Efficiency Services Limited (EESL). The company's stock is trading on a higher note on Thursday.

EESL is a joint venture company of Power Grid, NTPC, PFC and REC.

With the latest infusion, Power Grid's shareholding in EESL now stands at Rs463.61cr and the paid-up share capital of EESL is at Rs1390.82cr.

At around 3.11 pm, Power Grid was trading at Rs179.45 per piece up by 0.9% on Sensex.

The stock has touched an intraday high and low of Rs181.60 per piece and Rs178.35 per piece respectively. 

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