PowerGrid may set up firm for overseas ops

Power Grid Corporation of India is considering following oil and gas peer ONGC's lead in setting up a new company for its overseas division, CMD RN Nayak said. PowerGrid is in the process of hiring a consultant to help it decide the future of its overseas business, and has received interest from various major international consultancy agencies, such as PwC and KPMG. It will hire a consultant within the next five to 10 days, Nayak said. It has submitted bids to be a consultant in Montenegro, Ghana, Ukraine, Rwanda and Mozambique.

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on indianexpress.com are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, indianexpress.com reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.