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Power Grid Corp Board Gives Nod To Investments Up To Rs 4,071 Cr

Power Grid Corp’s board has approved the transmission system for Kurnool Wind Energy Zone/ Solar Energy Zone (AP) -- Part-A & Part-B -- at an estimated cost of Rs 3,546.94 crore, scheduled to be commissioned by November 2024

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Power Grid Corporation’s board has approved investments of nearly Rs 4,071 crore for two transmission projects.

Power Grid Corp’s board has approved the transmission system for Kurnool Wind Energy Zone/ Solar Energy Zone (AP) -- Part-A & Part-B -- at an estimated cost of Rs 3,546.94 crore, scheduled to be commissioned by November 2024.

In a BSE filing, the company said, "Board of Directors of POWERGRID in their meeting held on 6th March 2023, have accorded investment approvals."

It has also approved the Eastern Region Expansion Scheme-XXIX (ERES-XXIX) at an estimated cost of Rs 524.04 crore, scheduled to be commissioned by November 2025.


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power grid corporation investment