Power Grid approves new investments worth Rs 9,436.28 cr

New Delhi, Aug 7 (UNI) State-run Power Grid Corporation of India Ltd (PGCIL) today said its board has approved investment proposals worth Rs 9,436.28 crore.

These include parts of transmission networks for the northern and eastern states of the country at a cost of Rs 7,075.33 crore and a supplementary transmission system for the Maithon Right Banks project worth Rs 2,360.95 crore.

Both the projects are to be completed in 48 months from the date of investment approval, a company statement said.

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