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Staff Reporter

, India

Published:

13 years ago

Power Grid to invest $1.18B in projects

The board of Power Grid Corp of India approved investing US$1.18 billion on five projects across the country.

These include an investment of US$6 billion to set up a transmission system in phase I of a generation project in Orissa with a commissioning schedule of 36 months from the date of investment approval.

Power Grid Corporation of India will also invest US$378 million for setting up pooling stations for independent power producer generation projects at Raigarh and Raipur in Chhattisgarh state.

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