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Power Grid Corporation acquires Khavda PS1 and 3 Transmission

08 Nov 2024 Evaluate

Power Grid Corporation of India has acquired ‘Khavda PS1 and 3 Transmission (KPS1&3TL), the Project SPV to establish Provision of Dynamic Reactive Compensation at Khavda Pooling Station 1 (KPS1) and Khavda Pooling Station 3 (KPS3), on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting. KPS1&3TL has been acquired by Power Grid pursuant to Power Grid emerging as the successful bidder under Tariff Based Competitive Bidding

The project comprises installation of 2 nos. of ±300 MVAR STATCOMs at Khavda Pooling Station 1 (KPS1) and 1 no. ±300 MVAR STATCOM at Khavda Pooling Station 3 (KPS3) along with associated bays extension works in the State of Gujarat. 

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
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