Deals6 Dec 2023, 06:32 pm
Power Grid Corporation of India Limited declared successful bidder under Tariff Based Competitive Bidding
AI Summary
Power Grid Corporation of India Limited has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System Project for “Transmission Scheme for Integration of Renewable Energy Zone (Phase-ll) in Koppal-Il (Phase-A & B) and Gadag-Il (Phase-A) in Karnataka” on Build, Own Operate and Transfer (BOOT) basis. The Letter of Intent (Lol) has been received by Power Grid Corporation of India Limited on 5'* December, 2023.,
Key Highlights
- Declared successful bidder under Tariff Based Competitive Bidding
- Establishment of new transmission lines and pooling stations in Karnataka
- Associated bay extension works at Narendra and Raichur Substations