Categories: Business Economy

Power Grid to invest Rs 655.75 crore in two projects

Chennai, Feb 19 (SocialNews.XYZ) Power Grid Corporation of India Ltd will be investing Rs 655.75 crore in two projects.

In a regulatory filing, the company said its Board of Directors and Committee of Directors on Investment on Projects have accorded investment approvals for:

-Implementation of Unified Load Dispatch and Communication (ULDC) Phase-III (SCADA/EMS Upgradation Project –Northern Region SLDCs) at an estimated cost of Rs 514.66 crore with commissioning schedule of November 15, 2025.

-Augmentation of 765/400 kV, 1500 MVA transformer (4th) at Bhiwani S/s (Delinked from Transmission System for evacuation of power from RE parks in Leh (5 GW Leh-Kaithal Transmission corridor) at an estimated cost of Rs 141.09 crore with commissioning by May 5, 2025.

Source: IANS

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