Power Grid board approves investment of Rs 461 crore

State-owned Power Grid Corp on Wednesday said its board had approved investments of Rs 461.63 crore.

The approval was made in a meeting held by the board on Tuesday.

The board approved investment for its works with North Eastern Region Strengthening Scheme-ll, Part-B (NERSS-ll-B) at an estimated cost of Rs 120.32 crore, the company said in a BSE filing.

The approval also includes investment for its projects associated with North Eastern Region Strengthening Scheme-VI at an estimated cost of Rs 215.95 crore.

The board also approved investment for projects under Eastern Region Strengthening Scheme-XVIII (ERSS-XVIII) at an estimated cost of Rs 125.36 crore.