POWERGRID Wins Bhadla-III Transmission Project
Power Grid Corporation of India Ltd (POWERGRID) has won a transmission project in Rajasthan under tariff-based competitive bidding. The project involves augmentation of transformation capacity at Bhadla-III substation.
New Delhi, Aug 12 (PTI) State-owned Power Grid Corporation on Monday said that it has bagged a transmission project in Rajasthan under tariff-based competitive bidding.
"Power Grid Corporation of India Ltd (POWERGRID) has on 12th August 2024, received a Letter of Intent (LoI) for acquiring a Project Special Purpose Vehicle (SPV) viz. Bhadla-III Power Transmission Ltd for establishing the transmission system associated with 'Additional Transmission System for Evacuation of Power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW)," a company statement said.
The POWERGRID emerged as the successful bidder for the aforementioned project after competing with other private sector players and emerging as a successful bidder in a tariff-based competitive bidding (TBCB) process.
Bhadla-III Power Transmission shall implement augmentation of transformation capacity works at existing substation namely Bhadla - III in the state of Rajasthan.
"Power Grid Corporation of India Ltd (POWERGRID) has on 12th August 2024, received a Letter of Intent (LoI) for acquiring a Project Special Purpose Vehicle (SPV) viz. Bhadla-III Power Transmission Ltd for establishing the transmission system associated with 'Additional Transmission System for Evacuation of Power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW)," a company statement said.
The POWERGRID emerged as the successful bidder for the aforementioned project after competing with other private sector players and emerging as a successful bidder in a tariff-based competitive bidding (TBCB) process.
Bhadla-III Power Transmission shall implement augmentation of transformation capacity works at existing substation namely Bhadla - III in the state of Rajasthan.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 11.65 (+ 3.56)
- 106772451
- Alstone-Textiles
- 0.28 ( -3.45)
- 44187760
- Mangalam-Industrial
- 0.88 ( -2.22)
- 39177573
- Sunshine-Capital
- 0.27 (+ 3.85)
- 35956340
- GMR-Airports
- 104.40 (+ 6.37)
- 30453005
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback