Power Grid Corporation Of India Ltd.

Power Grid Corporation of India (POWERGRID) has acquired Krishnagiri REZ Transmission, the Project SPV to establish Inter-State Transmission system for ‘Transmission System for integration of Krishnagiri REZ Phase-I’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting (PFCCL). The project comprises establishment of 2 new 765/400kV Sub-stations in the state of Andhra Pradesh. Further, the project involves construction of 765kV & 400kV transmission lines traversing through the states of Andhra Pradesh, Telangana & Karnataka along with associated bays.

Krishnagiri REZ Transmission has been acquired by POWERGRID pursuant to POWERGRID emerging as the successful bidder under Tariff Based Competitive Bidding.

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