SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

PGCIL gets nod for five investment proposals worth Rs 3,487.91 crore

04 Jun 2012 Evaluate

Power Grid Corporation of India (PGCIL) has received nod for five investment proposals worth Rs 3,487.91 crore. The first investment approval is for common system associated with East Coast Energy and NCC Power Projects LTOA Generation Projects in Srikakulam Area - Part-A at an estimated cost of Rs 1,909.24 crore with a commissioning schedule of 36 months from the date of investment approval. The second approval is for system strengthening - XVIII in Southern Regional Grid at an estimated cost of Rs 1,263.26 crore with a commissioning schedule of 29 months from the date of investment approval.

While, the third approval is for Fibre Optic Communication System for Central Sector Sub-stations & Generating Stations in Southern Region at an estimated cost of Rs 174.16 crore with a commissioning schedule of 30 months from the date of investment approval. The fourth approval is for Line Bays and Reactor at Power Grid sub-station for Raichur - Sholapur Transmission Line for Synchronous interconnection between SR and WR at an estimated cost of Rs 75.74 crore with a commissioning schedule of 21 months from the date of investment approval.

Finally, the fifth approval is for augmentation of Transformer and Bays in Western Region at an estimated cost of Rs 65.51 crore with a commissioning schedule of 24 months from the date of investment approval. The board at its meeting held on May 29, 2012 has considered and approved the same.

Power Grid Corp Share Price

318.05 5.80 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×