The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd (PGCIL) has approved investment worth nearly Rs.700 crore, the Central PSU said in a stock exchange filing.
The investment approval was accorded in the aforesaid committee’s meeting held on March 27, 2022.
The approved investment, aggregating Rs.692.01 crore, will be spread across the following five projects:
- Transmission system strengthening beyond Kolhapur for export of power from solar & wind energy zones in Southern Region; reconductoring of Kolhapur (PG)-Kolhapur 400kV double-circuit line [Estimated cost: Rs. 129.28 crore; Expected commissioning date: February 2023]
- Transmission system strengthening for Srinagar-Leh transmission system [Estimated cost: Rs.288.71 crore; Expected commissioning date: December 2024]
- Augmentation of transformation capacity in Southern Region [Estimated cost: Rs.176.22 crore; Expected commissioning date: March 20, 2023]
- Augmentation of transformation capacity at 400/220kV Kurukshetra (PG) and Patiala (PG) substations [Estimated cost: Rs.106.99 crore; Expected commission date: February 15, 2023 (Kurukshetra) and May 2023 (Patiala)]
- Evacuation of 500 mw renewable energy in Tirunelveli and Tuticorin Wind Energy Zones in Tamil Nadu [Estimated cost: Rs.120.09 crore; Expected commissioning date: March 2023]
Also read: Linxon Builds Another Substation For PGCIL In Bihar
(Featured photograph for illustration only)
