Power Grid Corporation Of India Ltd.

Power Grid Corporation of India has secured the Rs 6,000-crore Gadarwara A & B project in Madhya Pradesh (MP). The other bidders were Adani Power, Essel Infra and Sterlite Grid. Bidders had submitted two technical and two financial bids by February 19.

At present, the state-owned transmission major has an order book of more than Rs 1.3 lakh crore of central- and state-funded projects.

Power Grid Corporation of India is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.