Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
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Power Grid becomes successful bidder to establish Inter-State transmission system

Date: 08-07-2022

Power Grid Corporation of India has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State transmission system for ‘Transmission System for Evacuation of Power from Neemuch SEZ’ on build, own operate and transfer (BOOT) basis. The Letter of Intent (LoI) on July 07, 2022 has been issued to the company.

The project comprises establishment of two 400kV DIC Transmission lines passing through the states of Rajasthan and Madhya Pradesh, a New 400/220kV Pooling Substation at Neemuch (Madhya Pradesh) and 400kV bay extension works.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.