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Power Grid emerges as successful bidder to establish inter-state transmission system

26 Nov 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-4: 3.5 GW): Part A’ on build, own, operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Power Grid Corporation of India on November 25, 2024.

The project comprises of establishment of 765/400kV sub-station at a suitable location near Ghiror (District Mainpuri) in the State of Uttar Pradesh, 765kV & 400kV Transmission lines traversing in the States of Rajasthan & Uttar Pradesh, augmentation and bay extension works at under-construction and existing sub-stations in the States of Rajasthan & Uttar Pradesh.

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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Tata Power 427.45
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Power Grid Corp 318.05
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