According to a corporate presentation made this month, the company plans to set up Energy Efficiency Service Company ( ESCO) to provide energy efficiency solutions. With regard to the plan for joint ventures, the utility has inked a Memorandum of Understanding (MoU) with NALCO to explore opportunities in manufacturing conductors.
Meanwhile, Power Grid has finalised projects worth nearly Rs 8,800 crore for developing intra-state transmission lines through joint ventures. In this regard, agreements have been made with Bihar and Odisha, with a total project cost of Rs 8,790 crore being finalised.
Dion Global Solutions Ltd.