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.
Here are some of the stocks that may see significant price movement today: Power Grid Corporation of India, Vodafone Idea, Marico, etc.
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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.
Another order, worth €26 million, was placed by Grid Solutions Middle East FZE, Dubai, also to be executed over two years.
The aforesaid acceptance of the agenda by the Board of Directors is subject to shareholder approval at the upcoming annual general meeting.
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