Power Grid Corp Wins Rajasthan Renewable Energy Transmission Project
Jan 01, 2024 18:21
Power Grid Corporation has secured a project to build transmission lines for evacuating power from a 20 GW renewable energy zone in Rajasthan, marking a significant step towards India's clean energy goals.
Photograph: Courtesy Power Grid Corporation
New Delhi, Jan 1 (PTI) State-owned Power Grid Corporation has bagged an inter-state power transmission project for evacuating power from a 20 GW renewable energy zone in Rajasthan.
The scope of the project comprises the establishment of two 765kV D/C transmission lines traversing in Rajasthan and Delhi, along with associated bay extension works at existing substations located in Rajasthan and Delhi, a regulatory filing said.
According to the filing, Power Grid Corporation has been declared as a successful bidder under Tariff Based Competitive Bidding to establish an Inter-State Transmission System for "Transmission system for evacuation of power from REZ in Rajasthan (20GW) under Phase-III Part D Phase I" on build, own operate and transfer (BOOT) basis.
The Letter of Intent (LoI) issued on December 29, 2023, has been received by Power Grid Corporation on January 1, 2024, it said.
Home »
Market News » Power Grid Corp Wins Rajasthan Renewable Energy Transmission Project
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
IndiGo Seeks Rs 900 Cr Customs Duty Refund in...
IndiGo moves Delhi HC for Rs 900 crore Customs duty refund on re-imported aircraft...
Sebi Clears Pranav Adani in Insider Trading Case
Sebi clears Pranav Adani, Adani Group director, of insider trading charges related to...
Sebi Officials & Asset Disclosure: Privacy...
Sebi officials express privacy concerns over public asset disclosure. Pandey discusses...
New Labour Codes: Supply Chains, Wages, Skilling
New Labour Codes in India aim for frictionless supply chains, universal wage coverage,...
Fidelity Buys 6.3% Stake in Meesho
Fidelity International acquires a 6.3% stake in e-commerce firm Meesho. The stake is...
Wipro & Google Cloud Deploy Gemini AI
Wipro expands Google Cloud partnership to deploy Gemini AI across operations. Jointly...
IndiGo Faces Rs 59 Cr GST Penalty, Will Contest
IndiGo slapped with nearly Rs 59 crore GST penalty for FY21. Airline to contest the...
IRFC Loan Sanctions Target: Rs 60,000 Crore in Q3
IRFC aims to surpass Rs 60,000 crore in loan sanctions by Q3, says CMD Manoj Kumar...
Paytm Invests Rs 2,250 Cr in Payments Arm
Paytm invests Rs 2,250 crore in Paytm Payments Services. RBI approves payment...
Nephrocare IPO Subscribed 13.96 Times
Nephrocare Health Services' Rs 871-cr IPO was subscribed 13.96 times on closing....
Read More »