Powergrid’s board approves Rs 5.55 billion investment proposal for 85 MW solar project

Power Grid Corporation of India Limited’s (Powergrid) board has approved an investment proposal of Rs 5.55 billion for an 85 MW solar power project at Nagda in Madhya Pradesh.

The project’s implementation has been scheduled for 10 months from the date of award, and operation and maintenance phase of five years for solar plant.