Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
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Power Grid Corporation of India bags five projects to establish transmission system

Date: 18-02-2023

Power Grid Corporation of India has bagged five projects to establish Inter-State transmission system. The company has been declared as the successful bidder under Tariff based competitive bidding (TBCB). The company has bagged these projects on build, own operate and transfer (BOOT) basis.

The company has received Letters of Intent (LoI) on February 17, 2023 for projects - ‘Transmission Network Expansion in Gujarat associated with integration of RE projects from Khavda potential RE zone’, ‘Inter-regional ER-WR Interconnection’, ‘Establishment of Khavda Pooling Station-2 (KPS2) in Khavda RE Park’, ‘Transmission scheme for evacuation of 4.5GW RE injection at Khavda PS under Phase II- Part B’ and ‘Transmission scheme for evacuation of 4.5GW RE injection at Khavda PS under Phase II- Part C’.

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