Power Grid Corporation of India has recently approved the following investment proposals on 6th July, 2022. 1) Investment Approval for Transmission Network Expansion in Gujarat to increase ATC from ISTS: Part B at an estimated cost of Rs. 4,546.26 crore scheduled to be commissioned by June, 2023; 2) Investment Approval for Transmission Network Expansion in Gujarat to increase ATC from ISTS: Part C at an estimated cost of Rs. 186.19 crore scheduled to be commissioned matching with establishment of 400/220kV Prantij S/s and 400kV Sankhari- Prantij D/c line by GETCO (presently expected by March, 2025); 3) Investment Approval for Western Region Expansion Scheme XXVI at an estimated cost of Rs. 127.61 crore scheduled to be commissioned matching with downstream 220kV lines being implemented by MSETCL (presently expected by June, 2024 ); and 4) Incorporation of the Joint Venture Company between Power Grid Corporation of India Limited and Nepal Electricity Authority (NEA) with equity participation of 50:50 by both JV partners for implementation of Indian Portion of New Butwal – Gorakhpur 400 kV Double Circuit (Quad Moose) Cross Border Transmission Line.
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Note: The above-mentioned news was first published by us in our ProjectX India | 15th July 2022 edition. Click here to buy this issue. Access Power news, projects, tenders, and contract award information in each fortnightly issue of ProjectX India PDF version. Go for an annual subscription and get access to 24 issues in a year.