Power Grid Wins 2 Transmission Projects in Rajasthan

Oct 22, 2024 17:09

Power Grid Corporation (PGCIL) has won two transmission projects in Rajasthan to evacuate power from renewable energy projects. The projects will involve setting up sub-stations and transmission lines in Rajasthan, Haryana, and Punjab.

Photograph: Courtesy Power Grid Corporation

New Delhi, Oct 22 (PTI) Power Grid Corporation (PGCIL) on Tuesday said it has emerged as the successful bidder for two transmission projects to evacuate power from renewable projects in Rajasthan.

PGCIL will establish inter-state transmission systems for evacuation of power from Rajasthan REZ Ph -IV (Bikaner complex) Part A&B on build, own, operate and transfer (BOOT) basis, a BSE filing said.

Letters of Intent (LoI) for the two projects were received by Power Grid on October 21, 2024.

The projects include setting up sub-stations, various transmission lines traversing Rajasthan, Haryana and Punjab.

Source: PTI

MORE NEWS

Unilever: India Growth & GST Impact

Unilever sees huge opportunities in India due to high GDP growth and GST cuts. HUL...

Trai Recommends 6 GHz, E, V Band Allocation

Trai suggests administrative allocation of 6 GHz, E, and V bands for telecom backhaul....

TotalEnergies Sells Stake in Adani Green Energy

TotalEnergies sells 1.74% stake in Adani Green Energy for Rs 2,778 cr. Stake reduced to...

TCS Acquires Coastal Cloud for $700 Million

TCS acquires Coastal Cloud for USD 700 million, strengthening its Salesforce and AI...

JSW Paints Acquires AkzoNobel India Stake

JSW Paints completes acquisition of majority stake in AkzoNobel India, becoming the...

Park Medi World IPO Subscribed 52% on Day 1

Park Medi World''s IPO received 52% subscription on day 1. The Rs 920-crore IPO closes...

Dasnac Invests Rs 2,000 Cr in Noida Luxury Housing

Dasnac to invest Rs 2,000 crore in a luxury housing project, Dasnac Westminster, in...

Nephrocare IPO Subscribed 12% on Day 1

Nephrocare Health Services IPO received 12% subscription on day 1. IPO details, price...

Wakefit IPO Subscribed Over 2 Times

Wakefit''s Rs 1,289-cr IPO was subscribed over 2 times on the final day. Details on...

IAN Group to Deploy USD 100M Alpha Fund by 2027

IAN Group to deploy its USD 100 million IAN Alpha Fund in early-stage startups by 2027....

Power Grid Wins 2 Transmission Projects in Rajasthan

You May Like To Read

MORE NEWS