Power Grid Corporation Update by Epic Research

Power Grid Corporation of India (PGCIL) has received an approval for two investment proposals worth Rs 5551.84 crore. The board of directors at its meeting held on June 21, 2014 has approved for the same. The first investment approval is for transmission system associated with Lara STPS-I (2x800MW) generation project of NTPC at an estimated cost of Rs 400.47 crore, with commissioning schedule of 34 months progressively from the date of investment approval.



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Posted in: Indian Market Tips