Power Grid Corporation Of India Ltd.

Power Grid Corporation of India (PGCIL) has received nod for three investment proposals. The first investment approval is for WR-NR HVDC lnterconnector for IPP projects in Chhattisgarh at an estimated cost of Rs 9,569.76 crore with a commissioning schedule of 39 months from the date of investment approval.

While, the second approval is for establishment of fibre optic communication system in Northern Region at an estimated cost of Rs 198.63 crore with a commissioning schedule of 30 months from the date of investment approval.

Finally, the third approval is for fibre optic communication system in Eastern Region under expansion of wideband communication network in Eastern Region at an estimated cost of Rs 115.80 crore with a commissioning schedule of 30 months from the date of investment approval. The board at its meeting held on March 26, 2012 has considered and approved the same.