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Power Grid Corporation of India's board approves investment approvals

Source: Capital Market, Wednesday, January 25th, 10:34 AM

The board of Power Grid Corporation of India in its meeting on 23 January 2012 has approved investment approval for transmission system for establishment of 400/220kV GIS Substation at Magarwada in UT DD' at an estimated cost of Rs 259.28 crore with a commissioning schedule of 24 months from the date of investment approval.

Further, the board has approved the investment approval for system strengthening in Raipur-Wardha Corridor for IPP Projects in Chhattisgarh' at an estimated cost of Rs 1422.85 crore with a commissioning schedule of 36 months from the date of investment approval.

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