Power Grid Acquires Rajasthan Transmission Project
By Rediff Money Desk, New Delhi Nov 11, 2024 20:15
Power Grid Corporation of India has acquired a transmission project in Rajasthan, securing it through a competitive bidding process. The project will facilitate power evacuation from the Rajasthan Renewable Energy Zone (REZ).
New Delhi, Nov 11 (PTI) Power Grid Corporation of India Ltd on Monday said it has acquired a transmission project in Rajasthan.
The project has been secured through tariff-based competitive bidding, Power Grid said in an exchange filing.
"Power Grid Corporation of India has acquired 'Bikaner A Power Transmission Ltd (BATPL) to establish a Transmission system for evacuation of power from Rajasthan REZ Ph -IV (Part-3: 6 GW) (Bikaner complex) Part A," it added.
REC Power Development and Consultancy Limited (RECPDCL), an arm of REC, was the bid process coordinator.
The project has been secured through tariff-based competitive bidding, Power Grid said in an exchange filing.
"Power Grid Corporation of India has acquired 'Bikaner A Power Transmission Ltd (BATPL) to establish a Transmission system for evacuation of power from Rajasthan REZ Ph -IV (Part-3: 6 GW) (Bikaner complex) Part A," it added.
REC Power Development and Consultancy Limited (RECPDCL), an arm of REC, was the bid process coordinator.
Source: PTI
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