Power Grid Corporation Of India Ltd.

Power Grid Corporation of India has received an approval for investment proposals worth Rs 18.18 crore. The board of directors at its meeting held on May 28, 2015 has approved for the same.

The approval is for provision of 400kV bays for lines under Northern Region System Strengthening Scheme - XXXI (Part-B), with commissioning schedule of 16 months from the date of investment approval with best efforts matching with the completion of associated transmission lines being implemented under Tariff Based Competitive Bidding.

Power Grid Corporation of India 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.