Power Grid Corporation Of India Ltd.

Power Grid Corporation of India has received an investment approval for ‘Communication System under Eastern Region Fibre Optic Expansion Project (Additional Requirement)’ at an estimated cost of Rs 47.19 crore with commissioning schedule of 36 months progressively from the date of investment approval. The Board of Directors of the company at their meeting held on September 20, 2018, approved the same.

The Board has also given investment approval for ‘North Eastern Region Strengthening Scheme-VIII (NERSS-VIII)’ at an estimated cost of Rs 221.36 crore with commissioning schedule within 30 months progressively from the date of investment approval and for ‘POWERGRID works associated with new WR-NR 765kV Inter-Regional Corridor’ at an estimated cost of Rs 264.91 crore with commissioning schedule of 32 months from the date of investment approval.

The company also received an investment approval for ‘Establishment of Fibre Optic Communication Scheme (Additional) under Central Sector for North Eastern Region’ at an estimated cost of Rs 30.50 crore with commissioning schedule of 36 months progressively from the date of investment approval and for ‘Additional system for Power evacuation from Generation projects pooled at Raighar (Tamnar) Pool at an estimated cost of Rs 95.87 crore with commissioning schedule of 32 months 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.