Powergrid Q2 Profit Rises 8% to Rs 3,866 Cr; H1 Capex Rs 16,864 Cr
Power Grid Corporation of India reported consolidated profit after tax up 8% year over year to Rs 3,866 crore. First-half capital expenditure was Rs 16,864 crore, and the utility secured six projects under tariff-based competitive bidding, including five interstate transmission projects.
The state-owned transmission utility also secures six projects under tariff-based competitive bidding, including five interstate transmission projectsPower Grid Corporation of India Limited (Powergrid) reported an 8 per cent year-on-year increase in consolidated profit after tax (PAT) to Rs 3,866 c…