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Board of Power Grid Corporation of India accords investment approval of Rs 379 cr for two projects

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Capital Market

On 03 January 2019

The Board of Power Grid Corporation of India at its meeting held on 03 January 2019 has accorded for the following -

1. Investment Approval for 'Implementation of 500MVAr Thyristor Controlled Reactor at Kurukshetra 400kV bus' at an estimated cost of Rs. 267.33 Crore with commissioning schedule of 30 months from the date of investment approval; and
2. Investment Approval for 'Reliable Communication Scheme under Central Sector for Western Region' at an estimated cost of Rs. 112.12 Crore with commissioning schedule of 36 months from the date of investment approval.

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First Published: Jan 04 2019 | 9:22 AM IST

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