PGCIL gets nod for two investment proposals worth Rs 1327.74 crore

Power Grid Corporation of India (PGCIL) has received nod for two investment proposal worth Rs 1327.74 crore. The first investment approval is Northern Region System Strengthening Scheme - XXVI at an estimated cost of Rs. 803.34 crore with commissioning schedule of 30 months from the date of investment approval

While, the second investment approval is for Northern Region System Strengthening Scheme - XXVIII at an estimated cost of Rs. 524.40 crore with commissioning schedule of 32 months from the date of investment approval. The board at its meeting held on September 26, 2012 has 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.