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Power Grid acquires Medinipur - Jeerat Transmission

29 Mar 2017 Evaluate

Power Grid Corporation of India (PGCIL) has acquired Medinipur - Jeerat Transmission, the Project SPV to establish Transmission System for ‘765kV Strengthening in Eastern Region (ERSS-XVIII)’, on build, own, operate and maintain (BOOM) basis from PFC Consulting (the Bid Process Coordinator).

The transmission system includes establishment of 765kV and 400kV Transmission lines including establishment of two new 765/400kV Substations. The transmission system is to be progressively constructed over a period of 40 months.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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