Power Grid Corporation of India has acquired Fatehgarh II Transmission, the Project SPV to establish Inter-State Transmission system for Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator- PFC Consulting (PFCCL). The project comprises installation & commissioning of 2 number of Synchronous Condensers (SynCon) at Fatehgarh-II PS along with associated bays.
Fatehgarh II Transmission was acquired for an aggregate value of about Rs 19.11 crore including 10,000 equity shares at par at Rs 10 each along with assets and liabilities. Fatehgarh II Transmission has been acquired by the company pursuant to it emerging as the successful bidder under Tariff Based Competitive Bidding. Fatehgarh II Transmission is engaged in the business as that of the company that is transmission of power.
Power Grid Corporation of India is mainly engaged in the business of transmission of power through its EHVAC/HVDC transmission network. The company has provided/providing consultancy services to domestic and international clients by leveraging its capability and experience in the field of power transmission, sub transmission, distribution management, load dispatch & communication etc.
| Company Name | CMP |
|---|---|
| NTPC | 327.00 |
| Tata Power | 350.10 |
| Power Grid Corpn. | 264.85 |
| Adani Power | 204.10 |
| Torrent Power | 1219.50 |
| View more.. | |
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