 "Power Grid board nod to investments")
Power Grid Corp on Saturday said its board had approved proposals to invest Rs 1,184.45 crore in power transmission projects across India.
The company’s board of directors, in its on Saturday, approved three investment proposals, Power Grid Corp said in a BSE filing.
The board approved the proposal “Augmentation of Transformation Capacity in Southern Region” at an estimated Rs 167.75 crore, with commissioning schedule of 30 months from the date of approval. It approved investment for sub-station works associated with strengthening of transmission system beyond Vemagiri at an estimated Rs 608.24 crore, with commissioning schedule of 30 months. It also gave a go-ahead to investment in transmission system for ultra mega solar park at Tumkur at an estimated cost of Rs 408.46 crore.
The company’s board of directors, in its on Saturday, approved three investment proposals, Power Grid Corp said in a BSE filing.
The board approved the proposal “Augmentation of Transformation Capacity in Southern Region” at an estimated Rs 167.75 crore, with commissioning schedule of 30 months from the date of approval. It approved investment for sub-station works associated with strengthening of transmission system beyond Vemagiri at an estimated Rs 608.24 crore, with commissioning schedule of 30 months. It also gave a go-ahead to investment in transmission system for ultra mega solar park at Tumkur at an estimated cost of Rs 408.46 crore.
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