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PowerGrid on course to achieving Plan target of Rs 55,000 cr investment

18 Jul 2011 Evaluate

Power Grid Corporation of India Ltd is on course to achieving its targeted investment of Rs 55,000 crore during the current XI Plan period ending March 31, 2012. Power Grid has sewn up an outlay of Rs 17,700 crore for various projects during the current financial year. This would boost the transmission line by another 8,400 ckm (circuit kilometre) translating to a capacity addition of about 18,000 mVA. Before March 2011, Power Grid had already invested about Rs 37,400 crore during the current Plan.

Based on the requirement of transmission system under Central sector and according to the proposed generation capacity of about 1,00,000 MW in XII Plan, an outlay of about Rs 1,00,000 crore has been envisaged by Power Grid.

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