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News Brief | July 2016

PowerGrid may lose country´s electricity transmission network

PowerGrid Corp may soon lose ownership of the country-'s electricity transmission network as the power ministry has approached Cabinet with a proposal aimed at attracting private investment in the transmission space. As per the plan, the state-run company will continue to develop projects, but will not own them. The ministry has completed inter-ministerial consultations and moved the proposal to hive off ownership of transmission projects from PowerGrid Corp.
Contact: PowerGrid Corp.
Tel: 0124-257 1700.
Website: www.powergridindia.com
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