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PGCIL draws investment plan

Friday, 26 Feb 2010
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The board of directors of PGCIL on 25 February 2010 approved an investment of Rs 2,845.72 crore in various projects.

PGCIL has decided to invest Rs 232.34 crore for system strengthening in Southern Region, with the project to be commissioned within 28 months from the date of investment approval.

The company will invest Rs 469.38 crore for Mauda Transmission System in Maharashtra having commissioning schedule of within 32 months from the date of investment approval.

Also, the board approved investment of Rs 2,144 crore for the transmission system associated with Palitana gas based power project (Gujarat) and Bongaigaon thermal power station in Assam. The projects are to go on-stream within 34 months progressively from the date of investment approval.

Also See:

PGCIL signs transmission pacts with private developers (25-Feb-10)

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