Here's the list of Power Grid Corpn's futures contracts. The future contract comprises financial derivative contracts that bind parties to buy and sell an asset at a specified future timeand price. Know the difference in strike price, quantity, expiration date and other details about the Power Grid Corpn's futures contract.
The aforementioned order is not a related party transaction; rather, it is within the regular course of business.
This plan aims to meet escalating energy demands, targeting a peak demand of 458 gigawatts (GW) by 2032.
The project will involve installing dynamic reactive compensation systems (STATCOMs) at two locations: Khavda Pooling Station 1 (KPS1) and Khavda Pooling Station 3 (KPS3) in Gujarat.
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On August 12, 2024, the company received a Letter of Intent (LoI) for acquiring a Project Special Purpose Vehicle (SPV) named Bhadla-III Power Transmission Ltd.
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The company's revenue from operations declined by 1.7% to ₹10,068.1 Crore, compared to ₹10,244.6 Crore in the corresponding period of the previous fiscal year.
For the fiscal year 2023–24, these eight power sector companies planned to invest a total of ₹60,805.22 Crore annually.
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