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Power Grid’s board clears investment worth Rs 4,071 crore

08 Mar 2023 Evaluate

Power Grid Corporation of India has received an investment approvals from the Board for Eastern Region Expansion Scheme-XXIX (ERES-XXIX) at an estimated cost of Rs 524.04 crore scheduled to be commissioned by November, 2025 and for transmission system for Kurnool Wind Energy Zone/Solar Energy Zone (AP) - Part-A & Part-B at an estimated cost of Rs 3546.94 crore scheduled to be commissioned by November, 2024.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
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