MoneyWorks4Me

Power Grid acquires Jawaharpur Firozabad Transmission

24 Dec 2018 Evaluate

Power Grid Corporation of India has on December 21, 2018 acquired Jawaharpur Firozabad Transmission (JFTL), the Project SPV to establish Transmission System for Evacuation of Power from 2 x 660 MW Jawaharpur Thermal Power Project and construction of 400 kV substation at Firozabad along with associated Transmission Lines, on build, own, operate and maintain (BOOM) basis from REC Transmission Projects Company (the Bid Process Coordinator).

The transmission system comprises 765kV, 400kV, 220kV and 132kV lines apart from establishing a new 400/220/132 kV Substation at Firozabad, Uttar Pradesh. The transmission system is an Intra State Transmission System Project and is to be progressively constructed over a period of 28 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
View more..