Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired ‘Bhadla III Transmission’ (the Project SPV) on September 27, 2023 to establish ‘Transmission system for evacuation of power from REZ in Rajasthan (20GW) under Phase-III Part B1’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator i.e. PFC Consulting.
The project comprises of establishment of a new 765/400/220 kV Pooling Station at Bhadla-3 and a 765 kV D/C Transmission Line traversing in the state of Rajasthan and associated bay extension works. The transmission system is an Inter State Transmission System Project and is to be constructed within 18 months from the effective date of Contract.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
