New Delhi, Aug 27 () State-run Power Grid Corporation on Tuesday said the company’s board has approved an investment of Rs 2,578.47 crore for an electricity transmission project for a solar energy zone in Rajasthan.
The board of directors in their meeting held on August 27, 2019 has accorded investment approval for transmission system for solar energy zones in Rajasthan at an estimated cost of Rs 2,578.47 crore with commissioning schedule as December 2020, a BSE filing said.
The board has also given its approval for appointment of K S R Murty as chief financial officer (CFO) of the company from August 27, 2019, a separate BSE filing said.
Murty, a bachelors degree holder in electrical engineering and cost and management accountant, joined NTPC in 1984 and has worked in finance department in NTPC till 1991.