In a recent development, Power Grid Corporation of India Ltd (PGCIL) has secured a significant victory as the successful bidder for an inter-state transmission system project in Gujarat. The company announced its achievement through an official exchange filing after receiving a Letter of Intent (LoI) on Monday.
Under the tariff-based competitive bidding process, Power Grid Corporation of India has been awarded the contract to establish an Inter-State Transmission System Project designed to facilitate the evacuation of an additional 7 GW of renewable energy power from the Khavda RE park under Phase III Part B. The project will be executed on a build, own, operate, and transfer basis.
The project’s scope includes the establishment of a new 765/400kV switching station located at Vataman in Ahmedabad district. Additionally, it involves the construction of three 765kV D/C transmission lines spanning across the state of Gujarat, along with extension works at the Navsari and Halvad substations. This significant project marks a significant step forward in enhancing the transmission infrastructure to support the growth of renewable energy in the region.
