Power Grid Corporation of India (PGCIL) has received an approval for two investment proposals worth Rs 5551.84 crore. The board of directors at its meeting held on June 21, 2014 has approved for the same. The first investment approval is for transmission system associated with Lara STPS-I (2x800MW) generation project of NTPC at an estimated cost of Rs 400.47 crore, with commissioning schedule of 34 months progressively from the date of investment approval.
The second approval is for transmission system strengthening in WR-NR Transmission corridor for IPPs in Chhattisgarh at an estimated cost of Rs 5,151.37 crore, with commissioning schedule of 45 months progressively from the date of investment approval.
PGCIL is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.
Company Name | CMP |
---|---|
NTPC | 354.85 |
Tata Power | 412.50 |
Power Grid Corp | 301.50 |
Adani Power | 609.00 |
Torrent Power | 1309.00 |
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