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Power Grid emerges as successful bidder to establish inter-state transmission system

03 Mar 2023 Evaluate

Power Grid Corporation of India (PGCIL) has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the two projects namely ‘Western Region Expansion Scheme- XXVII (WRES-XXVII)’ and ‘Western Region Expansion Scheme- XXVIII (WRES-XXVIII) & XXIX (WRES-XXIX)’ on Build, Own Operate and Transfer (BOOT) basis.

The first project comprises of establishment of 400kV D/C Transmission Line passing through the state of Chhattisgarh and Bays extension works at 2 existing Sub-stations. The second project comprises of Bays extension works including creation of 220kV Voltage at 2 existing Sub-stations in the state of Chhattisgarh. The Letters of Intents (LoIs) have been received by Power Grid Corporation of India on March 2, 2023.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
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