0.20 (0.08%) Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired Koppal II Gadag II Transmission (KIIGIITL), the Project SPV on December 26, 2023, to establish Transmission System for 'Transmission Scheme for Integration of Renewable Energy Zone (Phase-II) in Koppal-II (Phase-A & B) and Gadag-II (Phase-A) in Karnataka', on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting.
The Project comprises establishment of a new 765/400kV Koppal- II Pooling Station; a new 400/220kV Gadag- II Pooling Station; 2 nos. of 765kV D/c transmission lines traversing in the state of Karnataka; 400kV D/c transmission line traversing in the state of Karnataka as well as associated bay extension works at Narendra and Raichur Substations.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.