New Delhi: State-owned Power Grid Corp. on Tuesday said its board has approved two transmission projects worth over Rs.1,000 crore. The transmission firm would be implementing two projects valued at Rs.1,046.71 crore, it said in a regulatory filing. The company would carry out sub-station works associated with system strengthening in the southern region for import of power from eastern region at an estimated cost of Rs.972.42 crore. This project is to be commissioned within 36 months from the date of investment approval. Besides, Power Grid Corp. of India would be implementing a “common transmission scheme associated with ISGS projects in Nagapattinam/Cuddatore Area of Tamil Nadu - Part-A1(b) at an estimated cost of Rs.74.29 crore”. This project has a completion schedule of 30 months. The two projects were approved by the board during its meeting on 11 November.
Source: livemint
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