In Short : The board of Power Grid Corporation of India Limited approved a new merger plan for 28 subsidiaries to simplify corporate structure and improve operational efficiency. The restructuring aims to enhance asset management, reduce administrative overheads, and strengthen project execution. The move is expected to support transmission expansion, financial optimization, and long-term growth […]
PGCIL Board Approves Investments Worth Rs 2,202 Crore
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. New Delhi: State-run Power Grid Corporation of India Ltd (PGCIL) said its board has approved investments totalling Rs 2,202 […]