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POWERGRID Power Grid of India News Story

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Power Grid Corporation of India gains on winning battery energy storage system project

** Shares of Power Grid Corporation of India PGRD.NS rise 1.4% to 264.10 rupees, set to snap three-session losing streak

** The electric power transmission company is a successful bidder for the battery energy storage project

** Project for setting up 2,000 MWh standalone battery energy storage system in selected sub-stations of APTRANSCO, Andhra Pradesh

** PGRD down ~14% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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