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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.

<div class="paragraphs"><p>Power Grid Corp. of India (Powergrid) said it has emerged as the successful bidder for a transmission project in Gujarat.</p></div><div class="paragraphs"><p>Image for representation only. (Source: Power Grid Corp. website)</p></div>
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.

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