Power News We love to talk!

APR 22 2015

Power Grid Corp approves investment worth Rs 5,548-crore Power Grid Corp approves investment worth Rs 5,548-crore

  • Economic Times, ET Bureau / Hyderabad
  • Created: Wed 22nd APR 2015

Power Grid Corp today said its Board has approved investments worth Rs 5,547.90-crore in various projects including for the inter-state electricity transmission.

Power Grid board of directors have accorded investment approvals for "implementation of green energy corridors: Inter-State Transmission Scheme-Part A at an estimated cost of Rs 1,479.30 crore, with commissioning schedule of 24 months (and) implementation of Green Energy Corridors: Inter-State Transmission Scheme-Part B at an estimated cost of Rs 3,705.61 crore," the company said in regulatory filing.

The other projects, include setting up of fibre optic communication system in western region at an estimated cost of Rs 120.72 crore and implementation of radial interconnection between India and Bangladesh.

The investment proposal has been approved for "implementation of radial interconnection between India and Bangladesh-India portion at an estimated cost of Rs 76.23 crore with commissioning schedule of 12 months

"The timeline of 12 months for implementation of the project shall be reckoned from the date of signing of BPTA with Bangladesh Power Development Board," it said.


Bangladesh Western Region Power Grid Grid Energy bangladesh Power Electricity India Bangladesh Power Development Board

Related News

  • Turbine companies to see how the wind blows  Read more
  • Three CIL subsidiaries record fall in coal offtake in April-Nov period  Read more
  • Jharkhand Close to Signing PPAs for 1.1 GW of Solar After Delay  Read more
  • No violation of guidelines under Solar Mission: Govt  Read more
  • Lack of policy not to hamper development of EVs, say auto-makers  Read more
  • Rising coal prices eroding competitive edge: Experts  Read more
  • Maharashtra to spend Rs2,682 crore to incentivize solar power  Read more
  • India can reach 17k MW renewable energy capacity by 2022: Government  Read more
  • Works under key power project in Kerala to be over in March  Read more
  • DERC partially upholds petition filed by individual consumers against BYPL  Read more