Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired Khavda V-B1B2 Power Transmission, the Project SPV to establish Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme), on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - REC Power Development and Consultancy (RECPDCL). The project comprises augmentation works at under-construction sub-stations in the State of Gujarat.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
