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04-Jan2019

Power Grid receives investment approvals for two projects

Power Grid Corporation of India has received investment approval for implementation of 500MVAr Thyristor Controlled Reactor at Kurukshetra 400kV bus at an estimated cost of Rs 267.33 crore with commissioning schedule of 30 months. The Board of Directors of the company at its meeting held on January 03, 2019 approved the same.

The company has also received investment approval for Reliable Communication Scheme under Central Sector for Western Region at an estimated cost of Rs 112.12 crore, with commissioning schedule of 36 months.

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.


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