Central government to auction power transmission contracts worth Rs 80 billion

The central government plans to auction power transmission contracts worth over Rs 80 billion for connecting renewable energy projects in western and northern states. Contracts worth about Rs 35 billion have already been awarded on a nomination basis to Power Grid Corporation of India Limited (Powergrid). The government has also compressed the timeline for implementing the projects to 18 months while setting September 2020 as the target completion date for some projects.

 

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