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Thursday, Aug 04, 2005


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Corporate Results - Power


PowerGrid net up 40%

Our Bureau

NEW DELHI: The state-owned transmission major, Power Grid Corporation of India Ltd (PGCIL), has reported a40 per cent jump in net profit for the first quarter ended June 30 at Rs 203 crore. The company has reported 100 per cent collection of dues from customers in the period, a company release said here on Wednesday. Four new projects worth Rs 1,672 crore were commissioned during the quarter, the release said.

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