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Power Grid Corporation emerges as successful bidder under TBCB

20 Sep 2024 Evaluate

Power Grid Corporation of India has been declared as the successful bidder under Tariff based competitive bidding (TBCB) to establish Inter-State transmission system for the project namely ‘Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW): Part B’ on build, own, operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Power Grid Corporation of India on September 19, 2024.

The project comprises establishment of new 765/400/220kV (GIS) sub-station at a suitable location near South of Olpad, 765kV & 400kV D/C Transmission Lines and associated bays extension works at other existing substation in the State of Gujarat.

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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