Board of Power Grid approves investments of about Rs 4,071 cr 
News Updates

Board of Power Grid approves investments of about Rs 4,071 cr

Power Grid Corporation's board has approved investments of nearly Rs 4,071 crore for two transmission projects

PSU Watch Bureau

New Delhi: State-owned Power Grid Corporation's board has approved investments of nearly Rs 4,071 crore for two transmission projects in the country." Board of directors of Power Grid in their meeting held on March 6 have accorded investment approvals," said the filing.

The board has approved the transmission system for Kurnool Wind Energy Zone/ Solar Energy Zone (AP) Part-A and Part-B at an estimated cost of Rs 3,546.94 crore, scheduled to be commissioned by November 2024.

It has also approved the Eastern Region Expansion Scheme-XXIX (ERES-XXIX) at an estimated cost of Rs 524.04 crore, scheduled to be commissioned by November 2025.

(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.)

Also Read

SJVN’s Nathpa Jhakri Hydro Power Station crosses 150 BU of power generation

SECI shifting focus to storage-backed RE, says MD

JNPA slashes stranded container count through coordinated efforts; sets up task force

FTAs to provide huge export opportunities for pharma, healthcare sectors: Goyal

DGCA enhances monitoring of airlines to ensure compliance with norms: Govt