Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired Chitradurga Bellary REZ Transmission, the Project SPV (special purpose vehicle) to establish Transmission Scheme for integration of Davanagere / Chitradurga REZ and Bellary REZ in Karnataka, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting (PFCCL)(Power Finance Corporation Consulting).
The project comprises establishment of new 765 / 400 / 220kV Pooling SubStation near Davangere / Chitradurga and a new 400 /220kV Pooling SubStation near Bellary along with 765kV & 400kV D/C Transmission Lines and upgradation works for existing sub-station and transmission line. The entire scope of works is situated in the state of Karnataka.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
