Power Grid Corporation Of India Ltd.

Power Grid Corporation of India (Power Grid) has received its board approval for investment proposals worth Rs 562.25 crore for power transmission related projects. The board of directors at its meeting held on September 16, 2016 approved for the same.

The approval is for system strengthening in Southern Region - XXI, with commissioning schedule of 30 months progressively from the date of investment approval.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.