Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.
As of March 31, 2007 PGCIL owned and operated 59,461 circuit kilometers of electrical transmission lines and 104 electrical substations. In Fiscal 2006, PGCIL transmitted approximately 279 billion units of electricity, representing approximately 45% of all the power generated in India.
PGCIL is also into the consultancy business and has provided transmission-related consultancy services to more than 90 clients in over 200 domestic and international projects.
PGCIL is also into the telecommunications business and own and operate a fiber-optic cable network for telecom business in India. As on March 31, 2007 PGCIL has over 19,000 kilometers long fiber-optic cable network connecting over 60 Indian cities, including all major metropolitan areas.
PGCIL have been designated a Mini-Ratna Category-I public sector undertaking and in fiscal 2006, generated a total income of Rs. 35,543.14 million with profit after tax of Rs 9204.19 million. Transmission and transmission-related activities constituted 93.88% of total income, with the balance came from consulting and telecommunication businesses.
Objects of the Issue:The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital 1. For the implementation of certain identified transmission projects.
»» Issue Open: Sep 10, 2007 - Sep 13, 2007
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Power Grid IPO Messages (Power Grid IPO Comments)
Power Grid Corporation announces Q3 results
Power Grid Corporation Board to consider interim dividend
As per SP Tulsian...
Please tell me the lower buy prize of power grid corporation
Anybody can give me suggestion for buying shares with low price less than Rs.10
TO 2364 and others.
I have applied for IPO and Rs.26000 were debited to my account. Neither refund is received nor credited to my accout, please inform me e-mail address or address of Registry of the Power Grid Corporation to enable me to write for refund.
Power Grid Corporation - Updates
when patni computer will cross 500+ ?
PGCIL IS GETTING A VERY BIG CONTRACT OF POWER TRANSMISSION FROM GOVT.
i have 286 shares at allotment price. should i sell or hold it? what should be the target for next three months? should it be purchased at current level also if one retains it for next six months ?
powergrid nov expiry sure shot is 175
PGCIL seems good buy till 150. I expect it to go upto 200 in few months.
Reliance IPO will be in the price band of 70-90...
Reliance power limited ka IPO Issue Prize Rs ?