Power Grid board okays Rs 555 cr investment proposal for 85 MW solar project 
News Updates

Power Grid board okays Rs 555 cr investment proposal for 85 MW solar project

Power Grid Board has approved an investment proposal of Rs 554.91 crore for an 85 MW solar power project at Nagda in Madhya Pradesh

PTI

New Delhi: State-owned Power Grid Corporation (PGCIL) board on Monday approved an investment proposal of Rs 554.91 crore for an 85 MW solar power project at Nagda in Madhya Pradesh.

Also read:Q1 FY'24: Power Grid posts net profit of Rs 3,597 crore

"Board of Directors of POWERGRID in their meeting held on 31st July 2023 have accorded Investment Approval for implementation of 85 MW Solar PV Power Project at Nagda (MP) at an estimated cost of Rs 554.91 crore with an implementation schedule of 10 months from the date of award and O&M (operation and maintenance) phase of five years for Solar Plant," a BSE filing said.

(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

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