Power Grid Corporation of India Limited (Powergrid) has acquired Neemrana II Bareilly Transmission Limited (NIIBTL), the project special purpose vehicle to establish transmission system for “Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-1) (Bikaner Complex): PART-D”, on build, own, operate and transfer basis through tariff based competitive bidding (TBCB) route.
The project comprises of establishment of a new 765 kV D/C transmission line traversing in the states of Rajasthan and Uttar Pradesh along with associated bay extension works.