
Deals19 Sept 2025, 06:01 pm
POWERGRID Wins Tariff Based Competitive Bidding for Augmentation Project in Madhya Pradesh
AI Summary
Power Grid Corporation of India Ltd (POWERGRID) has been declared as the successful bidder under Tariff Based Competitive Bidding for the project 'Augmentation of transformation capacity and Implementation of line bays at Mandsaur S/s for RE Interconnection' on Build, Own, Operate and Transfer (BOOT) basis. The project involves augmentation works at the under-construction sub-station (Mandsaur S/s) in the state of Madhya Pradesh. The Letter of Intent (LoI) was received by POWERGRID on 19th September 2025.
Key Highlights
- POWERGRID declared as successful bidder under Tariff Based Competitive Bidding
- Project involves augmentation works at Mandsaur S/s in Madhya Pradesh
- Project to be executed on Build, Own, Operate and Transfer (BOOT) basis
- Letter of Intent (LoI) received on 19th September 2025