5.65 (2.19%) Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding for two projects to establish Inter-State Transmission System under Build, Own Operate and Transfer (BOOT) basis. The first project is for augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme). The project comprises augmentation works at under-construction substations in the State of Gujarat.
The second project is for augmentation of transformation capacity by 3x500 MVA, 400/220kV ICTs (6th - 8th) and 1x1500 MVA, 765/400kV ICT (4th) at Bidar PS. The project comprises augmentation works at under-construction substation in the State of Karnataka.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.