Latest News

POWERGRID gets approval to invest in transmission system from its committee of directors

Committee of directors of POWERGRID have approved a proposal to invest Rs 330.61 crore in a transmission project for evacuation of power from REZ in Rajasthan

PSU Watch Bureau

New Delhi: A committee of directors of state-owned POWERGRID have approved a proposal to invest Rs 330.61 crore in a transmission project for evacuation of power from REZ in Rajasthan, said the company in a mandatory filing on Wednesday.

"In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to inform that 'Committee of Directors on Investment on Projects' of POWERGRID in its meeting held on December 13 has accorded Investment Approval for Transmission System for evacuation of power from REZ in Rajasthan (20GW) under Phase-III, Part-J at an estimated cost of Rs. 330.61 crore," stated the BSE filing.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks