Powergrid Wins Inter-State Transmission Project
By Rediff Money Desk, NEWDELHI Dec 06, 2023 16:42
Power Grid Corporation of India Ltd (Powergrid) has emerged as the successful bidder to build an inter-state transmission project for renewable energy integration in Karnataka.
![Powergrid Wins Inter-State Transmission Project](https://im.rediff.com/money/2023/aug/10power.jpg)
Photograph: Courtesy Power Grid Corporation
New Delhi, Dec 6 (PTI) Power Grid Corporation of India Ltd (Powergrid) on Wednesday said it has emerged as successful bidder to set up an inter-state transmission project.
The company has received a Letter of Intent (LoI) in this regard on Tuesday, Powergrid said in an exchange filing.
"Powergrid has been declared as successful bidder to establish Inter-State Transmission System (ISTS) project for transmission scheme for integration of renewable energy zone (phase-II) in Koppal-II (phase-A & B) and Gadag-II (phase-A) in Karnataka on Build, Own, Operate and Transfer basis," it said.
The project has been secured under tariff-based competitive bidding, the filing said.
The project comprises establishment of a new 765/400kV Koppal-II pooling station, a new 400/220kV Gadag-II pooling station, two 765kV D/c transmission lines and one 400kV D/c transmission line traversing in the state of Karnataka besides associated bay extension works at Narendra and Raichur substations.
The company has received a Letter of Intent (LoI) in this regard on Tuesday, Powergrid said in an exchange filing.
"Powergrid has been declared as successful bidder to establish Inter-State Transmission System (ISTS) project for transmission scheme for integration of renewable energy zone (phase-II) in Koppal-II (phase-A & B) and Gadag-II (phase-A) in Karnataka on Build, Own, Operate and Transfer basis," it said.
The project has been secured under tariff-based competitive bidding, the filing said.
The project comprises establishment of a new 765/400kV Koppal-II pooling station, a new 400/220kV Gadag-II pooling station, two 765kV D/c transmission lines and one 400kV D/c transmission line traversing in the state of Karnataka besides associated bay extension works at Narendra and Raichur substations.
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