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

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.

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