Tag : Telecom Business

News

Power Grid Separates Telecom Business into Subsidiary Targeting INR 1,000 Crore Revenue in FY24

wirecableMay 24, 2023May 26, 2023

May 24, 2023May 26, 2023

Power Grid Corp is ready to separate its telecom business into a subsidiary by June 2023. The new subsidiary will target a revenue of INR 1,000 crore in FY24. May 24, 2023 Power Grid Corp will separate its telecom business into a subsidiary by June 2023. The public company will......

News

Power Grid and Other Public Sectors Facing AGR Burden Planning on Joint Forum

wirecableJanuary 14, 2020August 26, 2021

January 14, 2020August 26, 2021

Power Grid’s telecom revenue is just 2 percent of its total revenue with almost 95 of the revenue flowing from power transmission operations. November 28, 2019 Public sector companies such as Power Grid, Railtel, GAIL, OIL, and DMRC may form a joint forum to oppose any move by Department of......