Powergrid emerges as winning bidder in TBCB auction

Power Grid Corporation of India Limited (Powergrid) has declared as successful bidder under tariff based competitive bidding to establish inter-state transmission system project namely “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under phase-III part C1”.

The project has been bid out on build, own, operate and transfer basis. The letter of intent for the same has been received by Powergrid. The project comprises establishment of a new 765/400 kV substation along with static synchronous compensators (STATCOM) at Ramgarh, 765kV D/C transmission line, and associated bays extension works at other existing substation in Rajasthan.