The Board of Directors of the company approved investments worth Rs 1,481 crore for five future power transmission projects, Power Grid said in a regulatory filing to the BSE stock exchange.
Central transmission utility Power Grid Corporation on Thursday said its board has approved total investment of Rs 1,481 crore in its various projects to be commissioned in the next 2-3 years.
The Board of Directors of the company approved investments worth Rs 1,481 crore for five future power transmission projects, Power Grid said in a regulatory filing to the BSE stock exchange.
Investment proposals include installation of transmission equipment at an estimated cost of Rs 1,071.24 crore for the western region and setting up of transformers for Northern Region at an estimated cost of Rs 63.56 crore.
The Board also approved establishment of Fiber Optic Communication System in Northern Region at an estimated cost of Rs 197.40 crore, with commissioning schedule of 36 months from the date of investment approval.
The transmission system strengthening scheme for the northern region to be built at an estimated cost of Rs 148.76 crore, with commissioning schedule of 28 months from the date of investment approval, was also approved. Shares of the company closed at Rs 155, up 0.65 percent, on the BSE.
Power Grid Corp stock price
On March 05, 2015, Power Grid Corporation of India closed at Rs 155.00, up Rs 1.00, or 0.65 percent. The 52-week high of the share was Rs 159.00 and the 52-week low was Rs 96.00.
The company's trailing 12-month (TTM) EPS was at Rs 9.07 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 17.09. The latest book value of the company is Rs 65.87 per share. At current value, the price-to-book value of the company is 2.35.
Anda sedang membaca artikel tentang
Power Grid approves Rs 1,481cr investment in 5 projects
Dengan url
http://gayafashionshow.blogspot.com/2015/03/power-grid-approves-rs-1481cr.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Power Grid approves Rs 1,481cr investment in 5 projects
namun jangan lupa untuk meletakkan link
Power Grid approves Rs 1,481cr investment in 5 projects
sebagai sumbernya
0 komentar:
Posting Komentar