Investment17 December 2025 at 07:59 am
POWERGRID Approves Rs. 1,226.93 Crore Investment for Bhadrawati HVDC System Refurbishment
AI Summary
In a recent development, the Board of Directors of Power Grid Corporation of India Ltd (POWERGRID) has approved an investment of Rs. 1,226.93 Crore for the refurbishment of the Bhadrawati (Chandarpur) HVDC (2 X 500 MW) Back-to-Back System. This decision was made in a meeting held on Wednesday, 17th December 2025, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project has an estimated cost of Rs. 1,226.93 Crore and a proposed implementation schedule of 36 months from the date of Award.
Key Highlights
- POWERGRID has approved an investment of Rs. 1,226.93 Crore for the refurbishment of the Bhadrawati HVDC system.
- The refurbishment project is estimated to cost Rs. 1,226.93 Crore.
- The project has a proposed implementation schedule of 36 months from the date of Award.
- The decision was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The Bhadrawati (Chandarpur) HVDC (2 X 500 MW) Back-to-Back System will be refurbished.