Power Grid Wins Transmission Project Bid In Gujarat

The project will be set up on a build, own, operate and transfer basis, the company said.

PTI

Power Grid Corp. of India (Powergrid) said it has emerged as the successful bidder for a transmission project in Gujarat.

Image for representation only. (Source: Power Grid Corp. website)

Power Grid Corp. of India (Powergrid) on Thursday said it has emerged as the successful bidder for a transmission project in Gujarat. The project has been secured through a tariff-based competitive bidding process, the company said in an exchange filing.

"It has been declared as the successful bidder to establish inter-state transmission system for evacuation of power from potential renewable energy zone in Khavda under Phase-V (8 GW): Part A," it added.

The project will be set up on a build, own, operate and transfer basis, the company said.

Under the Ministry of Power, Powergrid is India's largest electric power transmission utility.

Also Read: Power Grid To Raise Up To Rs 5,000 Crore Via 10-Year Bond

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