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Power Grid Corporation gets nod to invest Rs 584.13 crore in three projects

16 May 2026 Evaluate

Power Grid Corporation of India has received approval to invest around Rs 584.13 crore in three infrastructure projects. The first project is for Implementation of ‘Augmentation of 1x500MVA, 400/230kV ICT (7th) at Tuticorin-II GIS Sub Station’, at an estimated cost of Rs 132.06 crore scheduled to be commissioned by February 17, 2028.

The second project is for implementation of ‘Installation of OPGW & associated communication systems on the existing ISTS lines in WR Region’, at an estimated cost of Rs 308.49 crore scheduled to be commissioned within 30 months from the date of allocation of project i.e. by September 18, 2028.

Further, third project is for implementation of ‘Scheme for Installation of OPGW & associated communication systems on the existing ISTS lines in ER Region’, at an estimated cost of Rs 143.58 crore scheduled to be commissioned within 30 months from the date of allocation of project i.e. by September 18, 2028.

The ‘Committee of Directors on Investment on Projects’ of the company, in its meeting held on May 15, 2026, has approved the same.

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


Power Grid Corp Share Price

284.65 -0.50 (-0.18%)
04-Jun-2026 16:59 View Price Chart
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