Latest News | Powergrid Emerges as Successful Bidder for Inter-state Transmission Project in Gujarat

New Delhi, Dec 5 (PTI) Power Grid Corporation of India Ltd (Powergrid) has emerged as a successful bidder for setting up an inter-state transmission system project in Gujarat.

The company has received a Letter of Intent (LoI) in this regard on Monday, Powergrid said in an exchange filing.

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"Power Grid Corporation of India has been declared as successful bidder under tariff-based competitive bidding to establish Inter-State Transmission System Project for transmission system for evacuation of additional 7 GW of RE power from Khavda RE park under Phase III Part B on build, own, operate and transfer basis," it said.

The project comprises establishment of a new 765/400kV switching station at Vataman in Ahmedabad district, three 765kV D/C transmission lines traversing in the state of Gujarat as well as extension works at Navsari and Halvad substations.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)