Epic Research : Power Grid Corporation of India

Power Grid Corporation of India (PGCIL) has received an approval for formation of a Joint Venture Company (JVC) with Rashtriya Ispat Nigam (RINL) on 50:50 equity participation basis for setting up manufacturing facility for Transmission Line Towers & Tower Parts at Vishakhapatnam. The board of directors at their meeting held on September 17, 2014 has approved for the same.



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Posted in: Indian Market Tips