Power Grid Corporation of India (PGCIL) has received nod for two investment proposals worth Rs 1,631.51 crore. The first investment approval is for system strengthening - XVII in Southern Regional Grid at an estimated cost of Rs 1,508.74 crore with commissioning schedule of 33 months from the date of investment approval.
The second approval is for augmentation of transformation capacity in Northern & Eastern Regions' with commissioning schedule of 20 months from the date of investment approval whereby Part-I compromise of augmentation of transformation capacity in Northern Region at an estimated cost of Rs 91.97 crore and Part-ll compromise of augmentation of transformation capacity and reactive compensation in Eastern Region at an estimated cost of Rs 30.80 crore. The board at its meeting held on June 27, 2012 has considered and approved the same.
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 | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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