On Monday, the state-owned Power Grid Corporation announced that its board had approved an investment of around Rs 656 crore for the implementation of electricity transmission projects across the country. In a filing to the Bombay Stock Exchange, it was stated that the Board of Directors and the Committee of Directors on Investment on Projects, in their respective meetings held on February 18, 2024, have given investment approvals.
As per the filing, the Board of Directors has approved the implementation of Unified Load Dispatch and Communication (ULDC) Phase-III (SCADA/EMS Upgradation Project -Northern Region SLDCs) at an estimated cost of Rs 514.66 crore. The commissioning schedule for this project is November 15, 2025.
The Committee of Directors on Investment on Projects has approved the augmentation of 765/400 kV, 1500 MVA transformer (4th) at Bhiwani at an estimated cost of Rs 141.09 crore. This project is scheduled to be commissioned by May 5, 2025.
