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

19 Sep 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 the project namely Transmission System for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part H1 on build, own operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Power Grid Corporation of India on September 18, 2024.

The project comprises establishment of new 765/400/220kV sub-station at Kurawar, 765kV & 400kV D/C Transmission Lines and associated bays extension works at other existing substation in the State of Madhya Pradesh. 

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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