5.65 (2.19%) Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding for the three projects to establish Inter-State Transmission System under Build, Own Operate and Transfer (BOOT) basis.
The first project comprises augmentation of transformation capacity at under construction Sirohi substation in the State of Rajasthan. The project also comprises 765kV D/C Transmission Lines traversing in the States of Rajasthan and Madhya Pradesh; second project comprises ICT augmentation works at existing Banaskantha (Raghanesda) PS (GIS) in the State of Gujarat; and the third project comprises establishment of new 765 / 400 / 220kV Kurnool IV Pooling Sub-Station and augmentation of transformation capacity at existing C’peta Substation in the State of Andhra Pradesh. The third project also comprises 765kV and 400kV D/C Transmission Lines traversing in the States of Andhra Pradesh and Karnataka. The Letter of Intent (LoI) for the respective projects have been received by the company on March 3, 2025.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.