an increase of 20% against ₹ 1137 crore reported during the corresponding quarter ended June 30 | INDIAN BUREAUCRACY,BUREAUCRACY NEWS - SARKARIMIRROR

POWERGRID POST A 20% INCREASE IN ITS NET PROFIT IN Q1 FOR THE FY 2105-16

August 12, 2015 sarkarimirror 000 MVA. The average availability during the quarter was at 99.79%., 2014. Total Income (turnover) for first quarter (April-June, 2015, 600 ckt. kms. of transmission lines along with 197 Sub-stations and transformation capacity of about 239, 780 crore in the FY 2014 -15. At present, a ‘Navratna’ Company and the ‘Central Transmission Utility (CTU)’ of the country, an increase of 20% against ₹ 1137 crore reported during the corresponding quarter ended June 30, has posted a net profit of ₹ 1367 crore for the first quarter of FY 2015-16 (April-June, Power Grid Corporation of India Limited (POWERGRID), POWERGRID had registered a net profit of ₹4979 crore on a turnover of ₹17, POWERGRID is operating more than 117, rose to ₹4788 crore, up by 17% from ₹4075 crore in the corresponding year-ago period. On a standalone basis

Power Grid Corporation of India Limited (POWERGRID), a ‘Navratna’ Company and the ‘Central Transmission Utility (CTU)’ of the country, has