Page 3 - Power Grid

Power Grid Q1 consolidated net profit rises 10% to Rs 2,502 crore

The company's consolidated net profit was Rs 2,277.87 crore in the corresponding quarter a year ago

Street plugs into NTPC, PowerGrid Corp despite structural challenges

Viewed as a play on yield, the two stocks are seen as safe bets amidst uncertainties

CAG raps Power Grid for inadequacies in pricing methodology in telecom biz

CAG rapped Power Grid for lack of transparency in offering discounts for its telecom business

Power Grid: Strong order book to drive earnings in FY18-22, say analysts

Analysts estimate earnings to grow 12% annually over FY18-22

Doklam standoff: Targeting China, India tightens power grid, telecom rules

Aim to check China's advance into sensitive sectors, say officials

Power Grid's mega plan to monitor electic supply

Power Grid Corporation of India (PGCIL) is working on what would be the largest project for monitoring and controlling of electricity supply across the country. Called 'Unified Real Time Dynamic State Measurement (URTDSM)', the central transmission utility would install 'Phasor Measurement Units (PMUs)' at all substations and generating stations. This would also form the backbone for efforts underway to integrate the large amount of renewable energy envisaged. The plan is to install PMUs at close to 1,300 locations on the national grid in phase-1; 1,000 have been installed. In the second phase, another 500 PMUs would be installed along with a network of Optical Ground Wire, for facilitating communication services in the power network, said PGCIL executives. The PMU network will facilitate monitoring of grid events in real time, such as power flow, voltage, backing down, demand & supply synchronisation, etc. This would improve grid reliability, reduce the probability of blackouts

US announces $7.5 mn to advance India's power grid

Ministry of Science & Technology and industry will match the commitment of US' Department of Energy

Power Grid to spend Rs 91,000 cr in three years

The company is also expecting demand from states due to various reforms, including UDAY

Kanpur takes lead over Gurgaon in race to get smart power grid

Kanpur Electricity Supply Company has got the approval from the Uttar Pradesh government to choose a vendor who will set up the smart grid systems

Power Grid: Rewarded for steadiness

The only noticeable blip is the constant increase in interest cost

Power Grid posts 32% increase in profit to Rs 1,872 crore in Q2 FY17

Total income for second-quarter increased by 30% to Rs 6,480 crore over second-quarter during last fiscal

Power Grid board nod to investments

Strengthening of transmission system beyond Vemagiri with sub-station works is approved at an estimated cost of Rs 608.24 crore

Delays dampen Power Grid's good show

Analysts expect commissioning of new projects to pick up in the September quarter

Power Grid, NTPC stand out among power stocks

Analysts cautious on sector, but prefer these two on earnings growth, reasonable valuations

Power Grid: New projects well on track

Revenue and profit grew at reasonable pace but quarterly results missed Street estimates

CTU separation from Power Grid under cloud

Considerable delay is a reason; this means more work for PFC & REC