PowerGrid board okays Rs 1,481 cr investment

PowerGrid board okays Rs 1,481 cr investment

FPJ BureauUpdated: Saturday, June 01, 2019, 03:34 AM IST
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New Delhi :  Central transmission utility Power Grid Corporation said its board has approved total investment of Rs 1,481 crore in its various projects to be commissioned in the next 2-3 years.

Investment proposals include installation of transmission equipment at an estimated cost of Rs 1,071.24 crore for the western region and setting up of transformers for Northern Region at an estimated cost of Rs 63.56 crore.

The Board also approved establishment of Fiber Optic Communication System in Northern Region at an estimated cost of Rs 197.40 crore. The transmission system strengthening scheme for the northern region to be built at an estimated cost of Rs 148.76 crore.

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