Power Grid Board Approves ₹1,226.93 Crore Investment for Bhadrawati HVDC Refurbishment
The Board of Directors of Power Grid Corporation of India Limited (POWERGRID) has approved an investment of ₹1,226.93 Crore for the "Refurbishment of Bhadrawati (Chandarpur) HVDC (2 X 500 MW) Back -to...
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Why is Power Grid Corporation of India Limited in the news today?
Power Grid Corporation of India Limited (POWERGRID) is in the news due to the announcement details a significant investment approval by the board, which is generally viewed positively as it indicates progress and expansion for the company.
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Power Grid Board Approves ₹1,226.93 Crore Investment for Bhadrawati HVDC Refurbishment
December 17, 2025, 07:58 AM
The Board of Directors of Power Grid Corporation of India Limited (POWERGRID) has approved an investment of ₹1,226.93 Crore for the "Refurbishment of Bhadrawati (Chandarpur) HVDC (2 X 500 MW) Back -to-Back System Under Additional Capital Expenditure 2024 -29 Tariff Block".
The approval was granted during the Board meeting held on Wednesday, 17th December 2025.
The project has an implementation schedule of 36 months from the date of Award.
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