Power Grid Corp Greenlights Rs 3.67 Bn Investment

24 Nov 2023 CW Team

The board of Power Grid Corporation of India has given the green light to investments amounting to Rs 3.67 billion. This move underscores the company's commitment to reinforcing strategic initiatives within the power sector. The approved investments are poised to play a crucial role in advancing Power Grid's mission of enhancing power transmission and distribution capabilities across the country.

The decision reflects a proactive stance by Power Grid in aligning its investments with the evolving needs of the power sector. The approved funds are likely to contribute to the development and modernisation of power infrastructure, further solidifying Power Grid's position as a key player in India's energy landscape. As the company continues to play a pivotal role in facilitating the efficient transmission and distribution of power, these investments are crucial for meeting the growing energy demands and ensuring a reliable power supply for the nation.

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