Power Grid Corporation acquires Bhadla Sikar Transmission

India, March 30 -- Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff Based Competitive Bidding, has acquired 'Bhadla Sikar Transmission' (BSTL), the Project SPV to establish Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under Phase-II Part-E, on build, own, operate and maintain (BOOM) basis from the Bid Process Coordinator - PFC Consulting.

The Transmission system comprises establishment of a new 765kV D/C Transmission lines passing through the state of Rajasthan and bays extension work. The transmission system is an Inter State Transmission System Project and is to be completed in 18 months.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Published by HT Digital Content Services with permission from Accord Fintech. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com