MoneyWorks4Me

Power Grid Corporation emerges as successful bidder for Transmission system project in Rajasthan

10 Oct 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 Ph -IV (Part-2: 5.5 GW) (Jaisalmer/Barmer Complex): Part F (By clubbing Part F1 & F2)’ on build, own, operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Power Grid Corporation of India on October 09, 2024.

The project comprises establishment of new 765/400/220kV Barmer-I Pooling substation, 765kV & 400kV D/C Transmission Lines and associated bays extension works at other 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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