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Power Grid emerges as successful bidder for transmission system project

22 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-3: 6 GW) [Bikaner complex]: 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 October 21, 2024.

The project comprises establishment of new 765/400kV Siwani sub-station along with STATCOM and other equipment, 765kV D/C Transmission Line traversing in the States of Rajasthan and Haryana, various 400kV D/C Transmission Lines traversing through the state of Haryana along with bays extension works for the above lines at other existing substations in the States of Rajasthan and Haryana.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.

Power Grid Corp Share Price

318.05 5.80 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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