Branch² Intelligence
Power Grid wins transmission project under competitive bidding process
Key takeaway
Power Grid Corporation wins inter-state transmission project in Rajasthan and Uttar Pradesh under BOOT model.
- Step 1Power Grid wins transmission project under BOOT model, securing long-term revenue stream.
- Step 2Increased order book and asset base drive earnings growth and improve return on equity.
- Step 3Strengthened transmission infrastructure supports renewable energy capacity addition, benefiting the broader power sector.
Source: CNBC TV18 (Markets)
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