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.
