Power Grid Corporation Of India Ltd.

Power Grid Corporation of India (PGCIL) has received nod for four investment proposal. The first investment approval is for line bays and reactor provisions at Power Grid substations associated with system strengthening common for Western Region & Northern Region’ at an estimated cost of Rs 213.78 crore with a commissioning schedule of 24 months from the date of investment approval.

While, the second is for common transmission scheme associated with ISGS projects in Vemagiri area of Andhra Pradesh - Part - A1’ at an estimated cost of Rs 206.44 crore with a commissioning schedule of 27 months from the date of investment approval.

The company has received third investment approval for supplementary transmission scheme of upcoming IPP projects in Chhattisgarh at an estimated cost of Rs 132.19 crore with a commissioning schedule of 24 months from the date of investment approval.

Further, the fourth approval is for line bays and reactor provisions at Power Grid substations associated with system strengthening for western region at an estimated cost of Rs 145.71 crore with a commissioning schedule of 24 months from the date of investment approval. The board at its meeting held on March 16, 2012 has considered and approved the same.