Powergrid Board Sanctions INR 555 Crores Investment Plan for 85 MW Solar Project
State-owned Power Grid Corporation board sanctioned an investment proposal of INR 554.91 crore for an 85 MW solar power project at Nagda in Madhya Pradesh.
August 03, 2023. By EI News Network
State-owned Power Grid Corporation board sanctioned an investment proposal of INR 554.91 crore for an 85 MW solar power project at Nagda in Madhya Pradesh.
Primarily, recently, Chief Minister Shivraj Singh Chouhan declared the industrial town Nagda as the 54th district of the state. The new district will be carved out of Ujjain district.
Power Grid Corporation of India Limited (POWERGRID), is a Schedule ‘A’, ‘Maharatna’ Public Sector Entity of the Government of India which was founded on 23rd Oct 1989 under the Company Act, 1956. POWERGRID is a listed Company, with 51.34 percent retained by the Government of India and the balance is retained by Institutional Investors and the public.
The firm facilitates solutions in Transmission, Distribution and Telecom sectors comprising System Studies, Design, Engineering, Load Dispatch, OPGW on the intra-state Transmission network, Procurement Management, Operational & Maintenance and Project Management.
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