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POWERGRID has acquired 3 project SPVs

Psu Connect Date: 27-03-25

New Delhi: POWERGRID has acquired 3 project SPVs: ‘Rajasthan V Power Transmission Limited,’ ‘Banaskantha Transco Limited,’ and ‘Kurnool-IV Transmission Limited,’ with a cost of Rs 10,750 crore (NCT estimations).

These projects will facilitate the evacuation of 4 GW of RE potential from the Sirohi/Nagaur complex, enable evacuation of 4.5 GW RE potential in the Kurnool, Andhra Pradesh & facilitate the integration of an additional 300 MW of RE into the ISTS network.

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