Latest News | PGCIL Approves Investments Worth Rs 677 Cr

Get latest articles and stories on Latest News at LatestLY. Power Grid Corporation (PGCIL) on Thursday said its board has approved investments worth Rs 677.59 crore for transmission projects.

New Delhi, Feb 3 (PTI) Power Grid Corporation (PGCIL) on Thursday said its board has approved investments worth Rs 677.59 crore for transmission projects.

The 'Committee of Directors on Investment on Projects' at its meeting held on February 2 (Wednesday) approved investments worth Rs 677.59 crore, it said in a BSE filing.

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The projects include "Transmission system for evacuation of Power from Pakaldul HEP in Chenab Valley HEPs-LTA System" at an estimated cost of Rs 318.12 crore, scheduled to be commissioned by April, 2025 (matching with Pakaldul hydroelectric power (HEP) generation).

The panel also approved "Transmission System Strengthening Scheme for evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II Part G1"” at an estimated cost of Rs 359.47 crore.

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This is scheduled to be commissioned by September 2023.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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