Power Grid Corp board okays Rs 119.95 crore investment in transmission project Energy Watch
Power

Power Grid Corp board okays Rs 119.95 crore investment in transmission project

Power Grid Corporation board has approved an investment of Rs 119.95 crore for electricity transmission project 'Eastern Region Expansion Scheme- XXXVII'

EW Bureau

New Delhi: State-owned Power Grid Corporation's board has approved on Friday an investment of Rs 119.95 crore for electricity transmission project 'Eastern Region Expansion Scheme- XXXVII (ERES-XXXVII)'.

"Committee of Directors on Investment on Projects' of POWERGRID in its meeting held today (October 20) accorded investment approvals for 'Eastern Region Expansion Scheme- XXXVII (ERES-XXXVII)' at an estimated cost of Rs 119.95 crore," according to a BSE filing.

Also read:Tata Steel to acquire 26 percent stake in Tata Power Renewable Energy arm

It is scheduled to be commissioned within 24 months from the date of allocation by NCT, that is May 19, 2025, the filing added.

Also Read

Sunkind India enters solar module manufacturing with Rs 1,200-1,500-cr cell order ahead of ALMM-II

BCCL's 2 MTPA Bhojudih coal washery in Bengal commences commercial operations

Coal India allays supply fears, says 168 MT buffer is enough to see through summer demand surge

Disinvestment: Govt to offload 2% stake in Coal India via OFS at Rs 412 a share, offer opens May 27

More fuel price hikes unavoidable if West Asia crisis persists, BPCL Director (Finance) says