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Power Grid emerges as successful bidder to establish Inter-State transmission system

13 Aug 2024 Evaluate

Power Grid Corporation of India has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State transmission system for ‘Additional Transmission System for Evacuation of Power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW)’ on build, own operate and transfer (BOOT) basis. 

The Letter of Intent (LoI) has been received by Power Grid Corporation of India on August 12, 2024. The project comprises of augmentation of transformation capacity and associated bays extension works at existing Bhadla-III substation, 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
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