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Power Grid successfully bids for 20 GW transmission system project in Rajasthan

Sep 12, 2023

By: BlinkX Research Team

On Monday, September 11, the state owned Power Grid Corporation of India Ltd (PGCIL) announced that it has won the tariff-based competitive bidding to build a 20 GW interstate transmission system in Rajasthan.

"...it is to inform that Power Grid Corporation of India Ltd has been declared as the successful bidder under tariff-based competitive bidding to establish an Inter-State Transmission System Project for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part C1 on Build, Own Operate and Transfer (BOOT) basis," it said.

The project's scope involves building a brand-new 765/400kV substation in Ramgarh that will feature STATCOM technology. It also includes expanding the bays at existing substations all over Rajasthan as well as building a 765kV D/C transmission line.

On the BSE, Power Grid Corporation of India Ltd. shares ended the day at Rs. 264.40, up by Rs. 5.65 or by 2.18 percent.