Power Grid Corp clears investments worth ₹733 cr
The Power Grid Corporation on Friday said its board has approved three investment proposals worth ₹733.32 crore for power transmission related projects. The board approved the provision of STATCOM at Nalagarh and Lucknow in Northern region at an estimated cost of ₹431.89 crore, investment for a ₹177.52 crore provision series reactor, and a ₹123.91 crore Northern Region System Strengthening Scheme.