Power Grid Corporation Wins Major Transmission Project Bid
The Power Grid Corporation of India has secured a project for establishing the 'Inter-regional (NR-WR) Transmission System.' This involves a new 765 kV sub-station in Prayagraj and transmission lines across Uttar Pradesh and Madhya Pradesh. The project will be executed on a BOOT basis.
- Country:
- India
The Power Grid Corporation of India announced on Wednesday that it has successfully secured a contract for the 'Inter-regional (NR-WR) Transmission System' under a tariff-based competitive bidding process. The project aims to bolster the electricity network between various regions.
According to regulatory filings, the corporation received a Letter of Intent on Tuesday to proceed with this project. Key components include the establishment of a new 765 kV sub-station in Prayagraj, Uttar Pradesh, and 765 kV D/c transmission lines running through Uttar Pradesh and Madhya Pradesh.
The regulatory statement highlights that Power Grid Corporation emerged as the successful bidder to manage the Inter-State Transmission System, specifically designed to alleviate the load on the 765 kV Vindhyachal-Varanasi D/c line, through a Build, Own, Operate and Transfer (BOOT) model.
(With inputs from agencies.)
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