Power Grid Corporation of India has acquired Vindhyachal Varanasi Transmission (VVTL), the Project SPV to establish ‘Inter-regional (NR-WR) Transmission System strengthening to relieve the loading of 765 kV Vindhyachal-Varanasi D/c line’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator--PFC Consultancy (PFCCL). The project comprises establishment of new 765 kV Sub-Station at Prayagraj in the state of Uttar Pradesh. The project also comprises 765 kV D/c Transmission Lines traversing in the states of Uttar Pradesh & Madhya Pradesh.
VVTL has been acquired by Powergrid pursuant to Powergrid emerging as the successful bidder under Tariff Based Competitive Bidding. VVTL is engaged in the business as that of Powergrid i.e. transmission of power.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
| Company Name | CMP |
|---|---|
| NTPC | 397.90 |
| Tata Power | 433.65 |
| Adani Power | 200.80 |
| Power Grid Corp | 319.60 |
| Torrent Power | 1605.70 |
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