Power Grid wins bid for transmission project in Andhra Pradesh
The project includes the augmentation of transformation capacity at the existing Kurnool-III substation and extension works at the existing Cpeta substation, along with a 765 kV D/C transmission line.
Power Grid wins bid for transmission project in Andhra Pradesh
State-run Power Grid Corporation of India announced that it has been declared a successful bidder under tariff-based competitive bidding (TBCB) to establish an interstate transmission system in Andhra Pradesh (AP).
"Power Grid has been declared the successful bidder under tariff-based competitive bidding to establish an interstate transmission system for the project titled 'Transmission System Strengthening at Kurnool-III PS for Integration of Additional Renewable Energy Generation Projects' on a Build, Own, Operate, and Transfer (BOOT) basis," the company stated in the press release.
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The entire scope of the project is in the state of Andhra Pradesh. The power transmission firm received the Letter of Intent (LoI) for the same project on 6 March 2025. Shares of Power Grid Corporation of India shed 0.54% to Rs 265 on the BSE.
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