PowerGrid board approves investments of Rs 1,184.45 crore

Posted on:24 Oct 2016 09:45:01
PowerGrid board approves investments of Rs 1,184.45 crore
24 October 2016 Current Affairs: Power Grid Corp has its board has approved proposals to invest Rs 1,184.45 crore in power transmission projects across the country.

The company’s Board of Directors, in their meeting held on October 22, 2016, have accorded approval to three investment proposals.

According to the statement, the Board has approved the proposal ‘Augmentation of Transformation Capacity in Southern Region’ at an estimated cost of Rs 167.75 crore, with commissioning schedule of 30 months from the date of approval.

It also approved investment for ‘Sub-station works associated with strengthening of transmission system beyond Vemagiri’ at an estimated cost of Rs 608.24 crore, with commissioning schedule of 30 months from the date of approval.

The board further gave a go ahead to investment in ’Transmission System for Ultra Mega Solar Park at Tumkur (Pavagada), Karnataka  - Phase-II (Part A)’ at an estimated cost of Rs 408.46 crore, with commissioning schedule of 27 months from the date of approval.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs PDF

Current Affairs November 2017

17 NOVEMBER
NEWS
16 NOVEMBER
NEWS
15 NOVEMBER
NEWS
14 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS

Current Affairs September 2017

30 SEPTEMBER
NEWS
28 SEPTEMBER
NEWS
27 SEPTEMBER
NEWS
26 SEPTEMBER
NEWS