Friday 20 September 2013

Power Grid raises capital expenditure by Rs 10,000 crore for 12th Plan period

Power Grid Corporation of India has increased its capital expenditure by Rs 10,000 crore for 2012-17 period for additional projects undertaken by the firm. The additional projects have added total investment programme to over Rs 1,10,000 crore in the 12th Plan period (2012-17).

Earlier, the company had announced a capital expenditure plan of Rs 1 lakh crore for the said period of adding transmission capacity.

Power Grid Corporation of India is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.

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