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Power Grid Shares Gain On Plan To Infuse Fresh Equity In Joint Venture

Power Grid shares rose as much as 3.3 per cent to hit an intraday high of Rs 181.90.
Power Grid shares rose as much as 3.3 per cent to hit an intraday high of Rs 181.90.
Shares of the Gurugram-based state-owned electricity utility company, Power Grid Corporation of India, rose as much as 3.3 per cent to hit an intraday high of Rs 181.90 after the company post market hours on Wednesday said that its board has approved a proposal to infuse fresh equity in a joint venture with National Thermal Power Corporation (NTPC), Power Finance Corporation (PFC) and Rural Electrification Corporation (REC).
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