State run Power Grid Corporation of India today said that its board has approved investments worth INR 2,851.14 crore.

The company would invest INR 2,127.51 crore for transmission system related works for generation projects in Chhattisgarh. The system is expected to be commissioned in 32 months progressively from the date of investment approval.

Separately, Power Grid would invest INR 723.63 crore for 'Northern Region System Strengthening Scheme - XXIV' and the commissioning schedule is 36 months from the date of investment approval.

(Sourced from ET)