Power Grid Approves ₹173 Crore Project for Kerala VSC HVDC Station
POWERGRID's Committee of Directors has approved the augmentation of a 1x500 MVA, 400/220kV ICT at the Thrissur VSC HVDC Station in Kerala. The project has an estimated cost of ₹173.14 Crore and is scheduled for commissioning by August 21, 2027.
The investment of ₹173.14 Crore is a material amount that will contribute to the company's infrastructure development and operational capacity, potentially impacting its future revenue and efficiency.
The approval of a new project with a significant investment indicates expansion and growth for the company.
Power Grid Corporation of India Limited (POWERGRID) announced that its 'Committee of Directors on Investment on Projects' has approved a new project. The project involves the implementation of “Augmentation of 1x500 MVA, 400/220kV ICT (3rd) at Thrissur VSC HVDC Station in Kerala”.
The estimated cost for this augmentation project is ₹173.14 Crore. The project is scheduled to be commissioned by 21st August, 2027. This information was disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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See the model portfoliosA plain-language summary of a public exchange filing by Power Grid Corporation of India Limited. Read the original for the full detail.