3.85 (1.51%) Power Grid Corporation of India has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State Transmission system associated with LTA applications from Rajasthan SEZ Part-Bon build, own operate and maintain (BOOM) basis.
The Letter of Intent (LoI) has been issued to the company. The Transmission system comprises a 765 kV D/C Transmission line & associated bays to be established in Rajasthan.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.