"PowerGrid, a Navratna company under the Ministry of Power, commissioned transmission projects worth Rs 30,300 crore (unaudited) during 2015-16, which is the highest-ever commissioning achieved by the company in its history," an official statement from the Ministry of Power today said.
The company achieved the planned capex of Rs 22,500 crore (provisional), it said, adding that Power Minister Piyush Goyal congratulated PowerGrid on its performance.
The highlights of the year include establishment of two new international inter-connections -- one with Nepal and the other with Bangladesh.
The second inter-connection with Bangladesh -- Surjyamaninagar (Tripura, India) - Comilla (Bangladesh) transmission line -- was jointly dedicated by Modi and Prime Minister of Bangladesh Sheikh Hasina through video-conferencing.
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For the nine months (April-December 2015), the company had reported a total income of Rs 15,320 crore and posted a profit after tax of Rs 4,428 crore.