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Outcome of board meeting of Power Grid Corporation of India

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Capital Market

Held on 01 October 2019

The Board of Power Grid Corporation of India at its meeting held on 01 October 2019 has accorded the approvals -

(i) Investment Approval for utilization of Transmission Line Towers for Telecom Business at 500 locations at an estimated cost of Rs 94.20 Crore; and

(ii) In-principle approval for Asset Monetization through Infrastructure Investment Trust (lnvlT).

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First Published: Oct 02 2019 | 5:47 PM IST

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