Power Grid Corporation Of India Ltd.

Power Grid Corporation of India has acquired Kudankulam ISTS Transmission (KISTSTL), the Project SPV to establish ‘Transmission System under ISTS for evacuation of power from Kudankulam Unit - 3 and 4 (2x1000 MW)’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting (PFCCL).

The project comprises construction of 400kV Transmission line between KNPP 3 and 4 Tuticorin-II traversing in the state of Tamil Nadu along with the terminal equipment at Tuticorin-II S/s. KISTSTL has been acquired by Power Grid pursuant to Power Grid emerging as the successful bidder under Tariff Based Competitive Bidding. KISTSTL is engaged in the business as that of Power Grid i.e. transmission of power. 

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