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Power Grid plans Rs 20,000 cr capex in 2012-13

Reuters/ 30 May 12 | 03:03 PM
 Power Grid Corporation of India Ltd
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BSE   17 May 13 | 12:00 AM

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NSE   17 May 13 | 12:00 AM

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State-run transmission utility Power Grid Corp of India plans to invest Rs 20,000 crore in 2012-13 to expand its capacity, Chairman R.N. Nayak told reporters on Wednesday.

The company aims to spend 1 lakh crore in capital expenditure in the five years to 2017, Nayak said.

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