MoneyWorks4Me

Power Grid emerges as successful bidder for Inter-State Transmission system in Rajasthan

13 Sep 2019 Evaluate

Power Grid Corporation of India has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State Transmission system associated with LTA applications from Rajasthan SEZ Part-Bon build, own operate and maintain (BOOM) basis.

The Letter of Intent (LoI) has been issued to the company. The Transmission system comprises a 765 kV D/C Transmission line & associated bays to be established in Rajasthan.

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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