Deals4 Mar 2025, 11:00 pm
POWERGRID Declared Successful Bidder Under TBCB for Three Inter-State Transmission System Projects
AI Summary
POWERGRID has been declared as the successful bidder under Tariff Based Competitive Bidding for three projects to establish Inter-State Transmission System under Build, Own Operate and Transfer (BOOT) basis. The projects include the Transmission system for evacuation of power from Rajasthan REZ Ph-V (Part-1: 4 GW) [Sirohi/Nagaur] Complex, ICT augmentation works at existing capacity at Banaskantha | Banaskantha (Raghanesda) PS (GIS) in the State of Gujarat, and Transmission System for Integration of Kurnool-IV REZ - Phase-I (for 4.5 GW) 220kV Kurnool IV Pooling Sub-Station and augmentation of transformation capacity at existing C’peta Substation in the State of Andhra Pradesh.
Key Highlights
- POWERGRID declared as successful bidder under Tariff Based Competitive Bidding for three projects
- Projects include Transmission system for evacuation of power from Rajasthan REZ Ph-V, ICT augmentation works in Gujarat, and Transmission System for Integration of Kurnool-IV REZ - Phase-I in Andhra Pradesh
- Projects to be established under Build, Own Operate and Transfer (BOOT) basis
- Letter of Intent (LoI) received by POWERGRID on 03rd March, 2025