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EnergyHigh impactPre-market

Power Grid forms joint venture with Nepal Electricity Authority

pre-market1 source ↓written by the desknot a recommendation

Electricity Authority
29 Oct 2025

Power Grid Corporation of India Ltd has entered into a Joint Venture and Shareholders' Agreement with Nepal Electricity Authority on 29 Oct 2025. This partnership aims to develop two high-capacity cross-border power transmission projects, including the 400 kV Double Circuit Transmission Links from Inaruwa to New Purnea and Lamki to Bareilly.

This venture is significant for enhancing regional energy cooperation and may positively impact POWERGRID's market position in the energy sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Nov 2025, 07:04 IST.

Sourcesnews.google.com

The market after the news

POWERGRID closed −0.7% on the day of the news, from ₹277.60 to ₹275.80; Nifty −0.4% over the same session; futures OI −0.7%.

Bulletin at 07:04 IST on 24 Nov 2025. Every change is measured from ₹277.60, the last close before it, on 21 Nov. Nifty 50 is measured over the same sessions.

  • POWERGRID close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
POWERGRID closes around the bulletin against the close before the news, with Nifty 50 rebased to it254.17277.60301.03axis spans 18%before the news · 21 Nov277.60Nifty 50POWERGRIDbulletinD0+1+3+517 Nov27 Nov8 DecFutures open interest, lotspeak 47,000Reference close ₹277.60. 16 sessions from 17 Nov to 8 Dec; the price axis spans 18 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before21 Nov₹277.60basebase
On the day24 Nov₹275.80▼ −0.7%▼ −0.4%−0.2 pp difference
+1 session25 Nov₹273.45▼ −1.5%▼ −0.7%−0.8 pp difference
+3 sessions27 Nov₹273.70▼ −1.4%▲ +0.6%−2.0 pp difference
+5 sessions1 Dec₹269.65▼ −2.9%▲ +0.4%−3.3 pp difference
Gap at the open, % · ₹
▲ +0.1%+0.39 on 24 Nov
Day's range, % · ₹
2.4%≈ 6.6 high to low
Volume on the day
3.58×the 20-session average
Futures OI on the day
▼ −0.7%−280 lots · long unwinding · price −0.7%
Futures OI open, lots
39,00024 Nov · 25 Nov expiry
Futures premium, ₹
−0.100.0% to spot
Puts per call, by OI
0.47from 0.53 the session before
Max pain
280from 280 the session before

Source NSE UDiFF bhavcopy · POWERGRID on the desk →

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