Powergrid board approves investments worth Rs 22.02 billion

Powergrid’s board has approved investments totalling Rs 22.02 billion for various power transmission projects. The board of directors approved investments for the Transmission System Strengthening Scheme for the evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase II-Part-B1, at an estimated cost of Rs 11.84 billion. The project will be commissioned phase-wise from December 2021 to September 2022. The board has also approved investments for the North Eastern Region Strengthening Scheme XII (NERSS XII) at an estimated cost of Rs 5.76 billion. The project will be commissioned progressively by March 2023.

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