
Power Grid Corporation of India (PGCIL) has received an approval for
formation of a Joint Venture Company (JVC) with Rashtriya Ispat Nigam
(RINL) on 50:50 equity participation basis for setting up manufacturing
facility for Transmission Line Towers & Tower Parts at
Vishakhapatnam. The board of directors at their meeting held on
September 17, 2014 has approved for the same.
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