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Power Grid Corp
BSE: 532898NSE: POWERGRIDISIN: INE752E01010

4th-Jul-2019 15:07Source: BSE

Power Grid Corporation of India - Investment Approved By The Board

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that the POWERGRID Board of Directors in their meeting held on 03.07.2019 have accorded approval for the following:

1. Investment Approval for 'System Strengthening - XXV in Southern Region', at an estimated cost of ?154.72 Crore with commissioning schedule within 24 months progressively from the date of investment approval; and

2. Investment Approval for 'Western Region System Strengthening - XX (WRSS-XX)' at an estimated cost of ?226.98 Crore with commissioning schedule of 25 months progressively from the date of investment approval.

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