
Power Grid Corporation of India Limited Board Approves ₹705.30 Crore Investment
Power Grid Corporation of India Limited (POWERGRID) announced that its Board of Directors has approved an investment of ₹705.30 Crore for the procurement of cold spare Transformers & Reactors, as approved in the 77th National Register of Power Projects (NRPC).The project, slated for implementation over a period of 30 months from the date of investment approval, aligns with POWERGRID’s ongoing efforts to enhance grid stability and reliability. The investment approval was granted during a board meeting held on March 19, 2026. POWERGRID is a Government of India Enterprise.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.