5.65 (2.19%) Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding for the two projects to establish Inter-State Transmission System under Build, Own Operate and Transfer (BOOT) basis.
The first project comprises of establishment of new 765 / 400 / 220kV Pooling Sub-Station near Davangere / Chitradurga and a new 400 /220kV Pooling Sub-Station near Bellary along with 765kV & 400kV D/C Transmission Lines and upgradation works for existing sub-station and transmission line. The entire scope of works are situated in the State of Karnataka. The second project comprises of ICT augmentation works at existing and under-construction sub-stations in the State of Rajasthan. The Letter of Intent (LoI) for the respective projects have been received by Power Grid on February 17, 2025.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.