Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired Fatehgarh II and Barmer I PS Transmission, the Project SPV (special purpose vehicle) to establish Augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Sec-II) and Barmer-I PS, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting (PFCCL) (Power Finance Corporation Consulting). The project comprises ICT augmentation works at existing and under construction sub-stations in the State of Rajasthan.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
