New Delhi, Oct 20 (PTI) State-owned Power Grid Corporation on Friday approved 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 | Konkan MHADA Lottery 2023: Housing Board Extends Deadline to Apply for Affordable Homes Near Mumbai, Check Details.

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

(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)