Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
263.75
0.20 (0.08%)
< Home < Back

Power Grid emerges as successful bidder under TBCB

Date: 02-01-2024

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 for evacuation of power from REZ in Rajasthan (20GW) under Phase-III Part D - Phase I on Build, Own Operate and Transfer (BOOT) basis.

The Letter of Intent (LoI) issued on dated December 29, 2023 has been received by Power Grid Corporation of India on January 1, 2024. The scope of the project comprises establishment of 02 nos 765kV D/C transmission lines traversing in Rajasthan and Delhi along with associated bays extension works at existing substations located in Rajasthan and Delhi.

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