The Power Grid Corporation India Ltd. (PGCIL), who holds more than 80 % of India’s power transmission market, is among the best placed to benefit from India’s rising power demand. The company managed to meet its 11th Plan (2007-12) capital expenditure target of Rs 55,000 crore. The 12th Plan capex target for Power Grid is pegged at Rs 1 lakh crore.
Further, PGCIL's most of the contracts are on the cost-plus model, which assures a certain return (15.5 per cent return on equity on projects)
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