Powergrid

The company has been declared the successful bidder for three projects to establish an inter-state transmission system under the Build, Own, Operate, and Transfer (BOOT) basis. The three projects include the transmission system for the evacuation of power from the Rajasthan REZ Ph-V complex, augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS), and the transmission system for the integration of Kurnool-IV REZ - Phase-I (for 4.5 GW). Stock chart have strong support near 245 zone, momentum is looking strong.