POWER GRID CORPORATION OF INDIA LTD. - Outcome of Board Meeting

Power Grid Corporation of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 04, 2014 have approved the following investment approvals for:<br/><br/>1. System Strengthening - XX in Southern Regional Grid at an estimated cost of Rs. 288.49 Crore, with commissioning schedule of 30 months from the date of investment approval; and<br/><br/>2. Transmission System for Connectivity for NCC Power Projects Ltd. (1320 MW) at an estimated cost of Rs. 188.75 Crore, with commissioning schedule of 30 months from the date of investment approval.