Power Grid may form joint ventures with states for transmission projects

Power GridBSE 3.07 % Corporation of India is looking to participate in intra-state projects, a deviation from its traditional role as the central power transmission utility that has been prompted by the reforms in state-run power distribution companies.

The firm plans to expand its consultancy services in states but it is more keen to participate in projects as a joint venture partner to different states and even take up projects on ownership basis as a developer, chairman IS Jha t ..

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