Power Grid bags Rs 42 bn Maithon-Bokara Transmission project

Power Grid Corporation has bagged the Rs 42 billion Maithon-Bokara mega transmission project as per the reports available from various news sources

Maithon-Bokaro is a generation link project and was to under go the international bidding procedure for awarding the project, but later the plan was dropped as the project needs to be up before the 2010 Commonwealth games.

Shares of the Power Grid Corporation gained Rs 2.3, or 1.57%  as on 2.10 pm on the BSE.