POWERGRID approves Rs 705.30 crore procurement of grid spares
Power Grid Corporation of India Limited (POWERGRID) has approved procurement of cold spare transformers and reactors at an estimated cost of Rs 705.30 crore, according to a regulatory filing dated March 19, 2026. The approval was granted at a board meeting held on the same day and follows recommendations of the 77th Northern Regional Power Committee (NRPC) meeting. POWERGRID has set an implementation timeline of 30 months from the date of investment approval. Cold spare…