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Power Grid aims to invest Rs 562 crore for system strengthening

Power Grid Corporation has said that its board has approved the investment of Rs 562.25 crore for system strengthening in the Southern region.

It has said in a BSE filing that “Company’s board of director in their meeting held on September 16….have accorded investment approval for ‘System strengthening in Southern Region – XXI,” at an estimated cost of Rs 562.25 crore, with commissioning schedule of 30 months progressively from the date of investment approval.”

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