Power Grid signs a JV with NTPC for setting up National Electricity Distribution Company (NEDCL) to undertake distribution of electricity and related activities. Company paid dividend of Rs. 2.50 per share during the quarter. TBCB projects on track; Maharatna' status enhances Board power TCBC (Tariff Based Competitive Bidding) projects are running smoothly with success in 7 projects YTD out of 13 bids participated. The total value of these projects is Rs. 6,599cr, consisting of Rs. 3,269cr worth of inter-state projects (RE related works) and Rs. 3,330cr of intra-state projects (MP-1, UP-2). As of H1FY20, the current works in...