Power Grid to invest Rs 5,540 Cr on transmission projects

New Delhi: Power Grid Corporation of India's board had approved investing Rs 5,540 crore on five projects across the country.

These include an investment of Rs 2,743 crore to set up a transmission system in the first phase of a generation project in Orissa with a commissioning schedule of 36 months from the date of investment approval.

The firm will also invest Rs 1,719 crore for setting up pooling stations for private power generation projects in Chhattisgarh.