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PowerGrid to invest Rs 1 tn in 12th plan

PowerGrid to invest Rs 1 tn in 12th plan

Powergrid Corporation of India is finalising plans for a capital expenditure of about Rs 100,000 crore during the 12th Five Year Plan period. This move is aimed at significant transmission network expansion. The company is on course to achieving its targeted investment of Rs 55,000 crore during the current 11th five-year plan period ending March 31, 2012. PowerGrid has sewn up an outlay of Rs 17,700 crore for various projects during the current financial year.

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