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Power Grid Bags Three Transmission Projects for Renewable Energy

18 Apr 2024 , 01:52 PM

Power Grid Corporation of India Ltd (PGCIL) announced on Tuesday that it has secured three inter-state transmission projects through tariff-based competitive bidding, as revealed in a filing to the Bombay Stock Exchange (BSE).

These projects aim to facilitate the transmission of power generated from renewable energy sources in Rajasthan and Gujarat, thereby contributing to India's renewable energy objectives.

The first project entails the establishment of a transmission system to evacuate power from Rajasthan's Jaisalmer/Barmer Complex. It involves the construction of a new 765/400/220 kV pooling substation at Mandsaur, along with a 765 kV D/C transmission line and the extension of associated bays at existing substations in Madhya Pradesh.

Similarly, the second project focuses on the transmission of power from the potential renewable energy zone at Khavda, Gujarat. It encompasses augmentation works at existing substations in the state to support the increased power evacuation requirements.

The third project involves setting up a new 765 kV substation at Rishabhdeo, along with 765 kV D/C transmission lines and the extension of associated bays at other substations in Rajasthan and Madhya Pradesh to enhance the power evacuation infrastructure.

PGCIL has emerged as the successful bidder in these projects under the tariff-based competitive bidding framework, operating on a build, own, operate, and transfer (BOOT) model, reinforcing its pivotal role in India's transmission infrastructure development.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Power Grid
  • Power Grid Corp news
  • Renewable Energy
  • Transmission Projects
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