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The board of Power Grid Corp has provided its approval to the three investment proposals worth Rs 733.32 crore for power transmission related projects.
The company has said in a BSE filing that the board accorded approval to three investment proposals totalling Rs 733.32 crore in its meeting.
The approval has been granted to ‘provision of STATCOM at Nalagarh and Lucknow in Northern region at an estimated cost of Rs 431.89 crore with commissioning schedule of 30 months from the date of investment approval’.
