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Power Grid Corporation of India Ltd has approved an investment of $99.5 million (Rs 9.14 billion) for the procurement of cold spare transformers and reactors, according to a regulatory filing. The approval was granted by the company’s Committee of Directors on Investment on 20 January 2026, and the projects are expected to be implemented within 30 months from the date of approval.

The investment is allocated across three regional power committees: $43,7 million (Rs 4.02 billion) for the Western Regional Power Committee, $18 million (Rs 1.66 billion) for the North Eastern Regional Power Committee, and $37,6 million (Rs 3.46 billion) for the Southern Regional Power Committee. These allocations follow proposals that were previously cleared by the respective regional committees.

The approved projects cover the procurement of cold spare transformers and reactors, which are essential components in maintaining and operating the country’s transmission network. The implementation timeline of 30 months provides a structured schedule for completing procurement, delivery, and installation across the designated regions.

Power Grid Corporation of India Ltd noted that the approval aligns with its ongoing infrastructure plans across multiple regional grids. This marks one of the significant investment decisions undertaken by the Committee of Directors on Investment in recent months.

Source: constructionworld.in