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Power Grid Corporation acquires Sirohi Transmission

23 Aug 2024 Evaluate

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on August 22, 2024 acquired Sirohi 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 B’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting. The project comprises establishment of new 765/400 kV sub-station near Sirohi in Rajasthan, 765kV & 400kV D/C Transmission Lines and associated bays extension works at existing substation in the state of 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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