POWERGRID Receives Investment Approval for Procurement of Cold Spare Transformers & Reactors

Power Grid Corporation of India Ltd has received investment approval from the 'Committee of Directors on Investment on Projects' for the procurement of cold spare Transformers & Reactors. The projects approved include 'Procurement of cold spare Transformers & Reactors approved in 51st WRPC' at an estimated cost of ₹401.88 crore, 'Procurement of cold spare Transformers & Reactors approved in 28° NERPC' at an estimated cost of ₹166.33 crore, and 'Procurement of cold spare Transformers & Reactors approved in 53% SRPC' at an estimated cost of ₹345.78 crore. All projects are scheduled to be implemented within 30 months from the date of Investment Approval.