PGCIL board approves investments worth Rs 2,202 crore
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Last Updated: May 22, 2021, 09:43 PM IST
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The Board of Directors approved investment approval for Transmission System Strengthening Scheme for evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II - Part-B1 at an estimated cost of Rs 1,184.88 crore
PTI
State-run Power Grid Corporation of India Ltd (PGCIL) said its board has approved investments totalling Rs 2,202 crore for various power transmission projects. The Board of Directors and Committee of Directors on Investment on Projects, in their respective meetings held on May 21, have accorded approvals to the investments, it said in a BSE filing.
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PGCIL has organised vaccination camps in many locations for its employees at its establishments across the country like Kota, Bhiwadi, Misa, Namsai, Rourkela, Ara, Biharsharif, Saharsa, and Muzaffarpur etc. For all the camps the cost on account of vaccination was borne by PGCIL.
AFP
State-run Power Grid Corporation of India Ltd(PGCIL) on Thursday said around 2,600 people have been inoculated at a vaccination drive organised by the company in the national capital region (NCR) of Delhi. Around 2,600 people have been vaccinated by PGCIL in three camps organised in the NCR territory. These camps were organised for the age groups of 18-44 years and also for those above 45 years of age, a company statement said.
State-run Power Grid Corporation of India Ltd (PGCIL) on Friday said it has received Rs 2,736.02 crore through sale of 27.41 crore units in the PowerGrid Infrastructure Investment Trust (PGInvIT) offer for sale. Earlier in the day, the units issued by PGInvIT were listed on NSE and BSE. PGCIL has created the PGInvIT to monetise its assets. The initial portfolio of assets in the InvIT comprises five special purpose vehicles (SPVs) PowerGrid Vizag Transmission Ltd (PVTL), PowerGrid Kala Amb Transmission Ltd (PKATL), PowerGrid Parli Transmission Ltd (PPTL), PowerGrid Warora Transmission Ltd (PWTL) and PowerGrid Jabalpur Transmission Ltd (PJTL). PGCIL, under the process of monetisation of assets through the InvIT, has transferred 74 per cent of its shareholding to the PGInvIT, it said in a BSE filing.