Power Grid Corporation of India has received board’s approval for two projects. The company’s board gave its investment approval for ‘Procurement of DWDM Telecom equipment, DCPS System, Air-conditioning system and Shelter due to augmentation of Telecom network for BSNL requirements’ at an estimated cost of Rs 57.47 crore, with commissioning schedule of 6 months from the date of award.
The company’s board also gave its investment approval for ‘Inter-Regional System Strengthening Scheme for WR and NR (Part-B)’ at an estimated cost of Rs 6517.36 crore, with commissioning schedule of 40 months progressively from the date of investment approval.
Further, the company’s board approved Sovereign Loan (Power Grid as Direct Borrower for a loan) from ‘KfW, Frankfurt am Main, (KfW), Germany’ for an amount of Euro 500 Million for financing of Green Energy Corridors: Inter-State Transmission Strengthening Scheme (ISTS) - Part A, B & C.
Power Grid Corporation of India 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 | 365.10 |
Tata Power | 454.60 |
Power Grid Corp | 311.35 |
Adani Power | 604.40 |
Torrent Power | 1485.30 |
View more.. |