Power Grid spurts on commissioning first 765-kV double circuit line from Nellore to Kurnool Oct 31, 2014 11:37 Hrs IST Power Grid Corporation of India is currently trading at Rs. 145.30, up by 1.10 points or 0.76 % from its previous closing of Rs. 144.20 on the BSE. The scrip opened at Rs. 144.50 and has touched a high and low of Rs. 145.50 and Rs. 143.80 respectively. So far 81840 shares were traded on the counter. The BSE group 'A ' stock of face value Rs. 10 has touched a 52 week high of Rs. 146.50 on 07-Jul-2014 and a 52 week low of Rs. 91.70 on 28-Nov-2013. Last one week high and low of the scrip stood at Rs. 145.00 and Rs. 139.65 respectively. The current market cap of the company is Rs. 75779.58 crore. The promoters holding in the company stood at 57.90 % while Institutions and Non-Institutions held 34.94 % and 7.17 % respectively. Power Grid Corporation of India (PGCIL) has commissioned the first 765-kV double circuit line from Nellore to Kurnool, thereby linking the South India Grid. Earlier Power Grid, by commissioning the 765-kV Raichur to Solapur line, has enabled One nation One grid by integrating the Southern Grid with the rest of India. In addition, three other 765-kV sub-stations at Raichur, Kurnool and Nellore have been commissioned. About 9,000 MVA (megavolt ampere) transformation capacity has been added during this period. Power Grid stated that these systems have greatly facilitated import of power from other regions. PGCIL is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.