POWERGRID approves SCADA upgrade and JPY 80 billion loan facility

The board of directors of Power Grid Corporation of India Limited (POWERGRID) has approved the upgradation of supervisory control and data acquisition (SCADA) and associated systems at its National Transmission Asset Management Centre and Regional Transmission Asset Management Centres at an estimated cost of Rs 4.85 billion.

The board has also approved availing an unsecured term loan facility of JPY 80 billion from the Japan Bank for International Cooperation and participating financial institutions.