| ||Outcome of Board Meeting | 9/19/2011 3:21:57 PM|| |
| ||Power Grid Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 16, 2011 approved the following two investment approvals for:|
1. 'Common System associated with Coastal Energen Private Limited and Ind-Barath Power (Madras) Limited LTOA Generation Projects in Tuticorin area (Part-B)' at an estimated cost of Rs. 1940.13 Crore, with commissioning schedule of 36 months from the date of Investment approval.
2. 'POWERGRID Sub-station works associated with Transmission Scheme for enabling import of NER/ER surplus power by NR' at an estimated cost of Rs. 80.42 Crore, with commissioning schedule of 18 months from the date of investment approval.