Power Grid Corporation Of India Ltd.

Power Grid Corporation of India (PGCIL) has been selected as the successful bidder in their debut participation in tariff based competitive bidding for establishing transmission system associated with IPPs of Nagapattinam / Cuddalore Area: Package - A.

In accordance with the guidelines for competitive bidding, Nagapattinam-Madhugiri Transmission Company, the Special Purpose Vehicle incorporated to establish the transmission system on build, own operate and maintain (BOOM) basis, has been taken over on March 29, 2012 by PGCIL.

The transmission system comprising 765 kV D/C & 765 kV S/C is to traverse the states of Tamil Nadu and Karnataka and is to be constructed over a period of 36 months. The award of the project is a major achievement for PGCIL as it bagged this project competing alongside with the private sector majors.

PGCIL 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.