Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
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Power Grid acquires Unchahar Transmission

Date: 25-03-2014

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired Unchahar Transmission (Unchahar), the Special Purpose Vehicle to establish the transmission system for ATS of Unchahar TPS on build, own, operate and maintain (BOOM) basis on March 24, 2014 from REC Transmission Projects Company (the Bid Process Cordinator).

Power Grid is engaged in bulk power transmission and its responsibility include planning, coordination, supervision and control over inter-State transmission system and operation of National and Regional Power Grids.