Deals30 Sept 2025, 06:31 pm
POWERGRID Wins Tariff Based Competitive Bidding for Inter-State Transmission System Project
AI Summary
Power Grid Corporation of India Ltd (POWERGRID) has been declared as the successful bidder under Tariff Based Competitive Bidding to establish an Inter-State Transmission System for the project 'Inter-Regional Strengthening between SR Grid and WR Grid' on Build, Own, Operate and Transfer (BOOT) basis. The Letter of Intent was received on 29th September 2025. The project involves 765 kV D/c Transmission Lines traversing in the states of Karnataka & Maharashtra along with associated line bays at both ends.
Key Highlights
- POWERGRID declared as successful bidder under Tariff Based Competitive Bidding
- Project named 'Inter-Regional Strengthening between SR Grid and WR Grid'
- Project is on Build, Own, Operate and Transfer (BOOT) basis
- Involves 765 kV D/c Transmission Lines in Karnataka & Maharashtra
- Received Letter of Intent on 29th September 2025