State-owned Power Grid Corporation of India (PGCIL) is planning to invest Rs 61,674 crore in the next three financial years. Out of the total investment, Rs 37,641 crore would be raised through bonds/debentures while Rs 7,770 crore would be through multilateral funding/ECB/supplier's credit. The remaining amount would come from internal accruals.
The company is planning to invest Rs 20,000 crore in the next financial year (2014-15), while investments worth Rs 21,000 crore and Rs 20,674 crore would be made during 2015-16 and 2016-17 periods respectively.
Power Grid is engaged in bulk power transmission and its responsibility include planning, coordination, supervision and control over inter-State transmission system and operation of National and Regional Power Grids.
