-0.15 (-0.06%) Power Grid Corporation of India (PGCIL) has received nod for one investment proposal worth Rs 1935.35 crore for ‘System Strengthening - XIX in Southern Regional Grid’ with commissioning schedule of 27 months from the date of investment approval. The board at its meeting held on August 31, 2012 has considered and approved the same.
PGCIL 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.