Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on December 27, 2023 acquired Neemrana II Bareilly Transmission (NIIBTL), the Project SPV to establish Transmission System for ‘Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-1) (Bikaner Complex): PART-D’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator – PFC Consulting. The project comprises of establishment of a new 765 kV D/C Transmission Line traversing in the states of Rajasthan and Uttar Pradesh along with associated bay extension works.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
