PowerGrid to invest Rs 50,000 cr

01 Mar 2010

Power Grid Corporation of India (PGCIL) plans to invest Rs 50,000 crore for developing seven transmission corridors in the next five years. This will facilitate the transmission of about 55,000 MW, from the proposed independent power producers and merchant power plants in Chhattisgarh, Orissa and Jharkhand.

The seven transmission corridors, which would comprise 800 kV and 765 kV lines, would create a long-term access for IPPs and MPPs.

Contact: Power Grid Corporation of India Ltd. Tel: 0124-257 1700. Fax: 0124-257 1760. Website: www.powergridindia.com

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