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Powergrid Corporation approves investments worth Rs 677 crore – EQ Mag Pro
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Powergrid Corporation approves investments worth Rs 677 crore – EQ Mag Pro

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Powergrid Corporation approves investments worth Rs 677 crore – EQ Mag Pro

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Power Grid Corporation (PGCIL) said its board has approved investments worth Rs 677.59 crore for transmission projects.

The ‘Committee of Directors on Investment on Projects’ at its meeting held on February 2 (Wednesday) approved investments worth Rs 677.59 crore, it said in a BSE filing.

The projects include “Transmission system for evacuation of Power from Pakaldul HEP in Chenab Valley HEPs-LTA System” at an estimated cost of Rs 318.12 crore, scheduled to be commissioned by April, 2025 (matching with Pakaldul hydroelectric power (HEP) generation).

The panel also approved “Transmission System Strengthening Scheme for evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II Part G1” at an estimated cost of Rs 359.47 crore.

This is scheduled to be commissioned by September 2023.

Source: PTI

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Anand Gupta Editor - EQ Int'l Media Network
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