Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
254.25
-3.20 (-1.24%)
< Home < Back

Power Grid emerges as successful bidder under TBCB

Date: 09-03-2023

Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding (TBCB) to establish Inter-State Transmission System for ‘Transmission System Strengthening Scheme for Evacuation of Power from Solar Energy Zones in Rajasthan (8.1 GW) under Phase-II Part-E’ on Build, Own, Operate and Maintain (BOOM) basis.

The Letter of Intent (LoI) has been received by Power Grid Corporation of India on March 7, 2023. The Scope of the project comprises of establishment of a 765kV D/c Transmission Line along with associated Line Bays in the State of Rajasthan.

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