Power Grid Corporation Of India Ltd.

Power Grid Corporation of India (PGCIL) has been selected as the successful bidder under tariff based competitive bidding for establishing transmission system associated with IPPs of Vemagiri Area: Package - A. in accordance with the guidelines for competitive bidding, Vemagiri Transmission System, the special purpose vehicle incorporated to establish the transmission system on build, own operate and maintain (BOOM) basis, was acquired on April 18, 2012 by PGCIL.

The transmission system comprising 765 kV D/C is to traverse the state of Andhra Pradesh and is to be constructed over a period of 36 months. This is the second project that the company won under tariff based competitive bidding.

Recently, PGCIL had 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.

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.