MoneyWorks4Me

Power Grid emerges as successful bidder under TBCB

09 Mar 2023 Evaluate

Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding (TBCB) to establish Inter-State Transmission System for ‘Transmission System Strengthening Scheme for Evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II Part-E’ on Build, Own, Operate and Maintain (BOOM) basis.

The Letter of Intent (LoI) has been received by Power Grid Corporation of India on March 7, 2023. The Scope of the project comprises of establishment of a 765kV D/c Transmission Line along with associated Line Bays in the State of Rajasthan.

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
View more..