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 September 2017

23 SEPTEMBER
NEWS
22 SEPTEMBER
NEWS
21 SEPTEMBER
NEWS
20 SEPTEMBER
NEWS

Current Affairs August 2017

31 AUGUST
NEWS
30 AUGUST
NEWS
29 AUGUST
NEWS
28 AUGUST
NEWS

Current Affairs July 2017

31 JULY
NEWS
29 JULY
NEWS
28 JULY
NEWS
27 JULY
NEWS