State-owned PowerGrid Corp today said it would invest Rs 4,404.57 crore to develop a transmission system for importing electricity from Bhutan.
The Board of Directors of the Company have approved the investment for development of the transmission system for transfer of power from Bhutan to northern and western region, the company informed the Bombay Stock Exchange.
The commissioning schedule of the transmission system is 57 months tentatively from the date of investment approval, it said.