61 views Financial Services Monitor Worldwide State-run Power Grid Corporation of India Ltd (PGCIL) said its board has approved investments totaling Rs 2,202 crore for various power transmission projects. The Board of Directors and Committee of Directors on Investment on Projects, in their respective meetings held on May 21, have accorded approvals to the investments, it said in a BSE filing. The Board of Directors approved investment approval for "Transmission System Strengthening Scheme for evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II - Part-B1" at an estimated cost of Rs 1,184.88 crore. The project will be commissioned phased-wise from December 2021 to September 2022. The board has also approved investment for "North Eastern Region Strengthening Scheme-XII (NERSS-XII)" at an estimated cost of Rs 576.42 crore.