CE-MAT 2025

Power Grid secures Bhadla-III Transmission Project

Power Grid secures Bhadla-III Transmission Project

State-owned Power Grid Corporation has secured a transmission project in Rajasthan through tariff-based competitive bidding.

"Power Grid Corporation of India Ltd (POWERGRID) has on 12th August 2024, received a Letter of Intent (LoI) for acquiring a Project Special Purpose Vehicle (SPV) viz. Bhadla-III Power Transmission Ltd for establishing the transmission system associated with 'Additional Transmission System for Evacuation of Power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW)," a company statement said.

Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel CE-MAT 2025

Read Also : Hindustan Copper clarifies about no impact on US-backed 50% tariff imposition on Copper Imports

The POWERGRID emerged as the successful bidder for the aforementioned project after competing with other private sector players and emerging as a successful bidder in a tariff-based competitive bidding (TBCB) process.

Bhadla-III Power Transmission will implement capacity augmentation works at the existing Bhadla-III substation in the state of Rajasthan.

Read Also : Indian Bank Hands Over Sanction Letters Worth Rs 1,011 Crore to Over 3,000 Women

Note*: All the articles and given information on this page are information based and provided by other sources . For more read Terms & Conditions