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Civil Construction
Deals7 Nov 2024, 08:47 pm

G R Infraprojects Emerges as L-1 Bidder for Transmission Scheme in Karnataka

AI Summary

G R Infraprojects Limited has emerged as the L-1 bidder for establishing the 'Transmission Scheme for integration of Bijapur REZ' in the state of Karnataka. The project, which will be executed on a Build, Own, Operate and Transfer (BOOT) basis, involves the establishment of a 400/220 kV, 5x500 MVA Pooling Station near Bijapur, Karnataka, and the construction of a 400kV line and 2x125MVAr 420kV bus reactors at Bijapur PS. The project was awarded through a tariff based competitive bidding (TBCB) process conducted by PFC Consulting Limited. The company is required to acquire 'Bijapur REZ Transmission Limited' for the execution of the project. The trading window for dealing in the securities of the company for all designated persons is closed till 48 hours after the declaration/announcement of the Financial Results of the Company for the quarter and half year ended 30' September 2024, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Prohibition of Insider Trading.

Key Highlights

  • G R Infraprojects Limited emerges as L-1 bidder for Transmission Scheme in Karnataka
  • Project to be executed on a Build, Own, Operate and Transfer (BOOT) basis
  • Establishment of a 400/220 kV, 5x500 MVA Pooling Station near Bijapur, Karnataka
  • Acquisition of 'Bijapur REZ Transmission Limited' required for project execution
  • Trading window for dealing in the securities of the company closed till 48 hours after the declaration/announcement of the Financial Results of the Company for the quarter and half year ended 30' September 2024
GRINFRA
Civil Construction
G R Infraprojects Ltd

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