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Power Grid Corporation acquires Rajasthan IV E Power Transmission

20 Aug 2024 Evaluate

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on August 19, 2024 acquired Rajasthan IV E Power Transmission, the Project SPV to establish Transmission System for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part E, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator – REC Power Development and Consultancy.

The project comprises establishment of new 765 kV sub-station at Rishabhdeo, in the state of Rajasthan 765kV D/C Transmission Lines and associated bays extension works at other existing substation in the states of Rajasthan & Madhya Pradesh.

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


Power Grid Corp Share Price

318.05 5.80 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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