Deals6 Jan 2025, 11:54 pm
POWERGRID Declared as Successful Bidder Under TBCB for Two Augmentation Projects in Gujarat and Karnataka
AI Summary
POWERGRID has been declared as the successful bidder under Tariff Based Competitive Bidding for two projects to establish Inter-State Transmission System on a Build, Own Operate and Transfer (BOOT) basis. The first project involves the augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme) in the State of Gujarat. The second project comprises augmentation of transformation capacity by 3x500 MVA, 400/220kV ICTs (6% - 8t) and 1x1500 MVA, 765/400kV ICT (4th) at Bidar PS in the State of Karnataka. The Letter of Intent (LoI) for the respective projects has been received by POWERGRID on 06%\
Key Highlights
- POWERGRID declared as successful bidder under Tariff Based Competitive Bidding (TBCB) for two projects in Gujarat and Karnataka
- Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme) in Gujarat
- Augmentation of transformation capacity by 3x500 MVA, 400/220kV ICTs (6% - 8t) and 1x1500 MVA, 765/400kV ICT (4th) at Bidar PS in Karnataka
- Projects to be executed on a Build, Own Operate and Transfer (BOOT) basis
- Letter of Intent (LoI) received by POWERGRID on 06%" January, 2025