New Launch27 Aug 2025, 11:01 pm
POWERGRID Declared Successful Bidder Under Tariff Based Competitive Bidding
AI Summary
Power Grid Corporation of India Ltd (POWERGRID) has been declared as the successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the project 'Transmission system strengthening at Davanagere for Integration of RE generation' under Build, Own, Operate and Transfer (BOOT) basis. The Letter of Intent was received on 27th August, 2025. The project involves augmentation works at the under-construction sub-station (Davanagere PS) in the state of Karnataka.
Key Highlights
- POWERGRID declared as successful bidder under Tariff Based Competitive Bidding
- Project named 'Transmission system strengthening at Davanagere for Integration of RE generation'
- BOOT basis project in Karnataka's Davanagere
- Involves augmentation works at under-construction sub-station
- Letter of Intent received on 27th August, 2025