Deals10 Oct 2024, 07:23 pm
POWER GRID CORPORATION OF INDIA LTD. Declared as Successful Bidder Under TBCB for 5.5 GW Rajasthan REZ Ph -1V Project
AI Summary
POWERGRID has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State transmission system for the project namely ‘Transmission system for evacuation of power from Rajasthan REZ Ph -1V (Part-2: 5.5 GW) (Jaisalmer/Barmer Complex): Part F (By clubbing Part F1 & F2)’ on build, own, operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by POWERGRID on 09th October, 2024. The project comprises establishment of new 765/400/220kV Barmer-I Pooling sub-station, 765kV & 400kV D/C Transmission Lines and associated bays extension works at other existing substation in the State of Rajasthan.
Key Highlights
- POWERGRID declared as successful bidder under Tariff based competitive bidding (TBCB) for a 5.5 GW project in Rajasthan.
- The project involves the establishment of a new 765/400/220kV Barmer-I Pooling sub-station and 765kV & 400kV D/C Transmission Lines.
- The project also includes associated bays extension works at other existing substations in Rajasthan.
- The Letter of Intent (LoI) has been received by POWERGRID on 09th October, 2024.
- The project is on build, own, operate and transfer (BOOT) basis.