PGCIL Seeks US$ 1,000 Million Loan for Green Energy Corridor From ADB

Power Grid Corporation of India (PGCIL) has sought a loan assistance of US$ 1,000 million from the Asian Development Bank (ADB) comprising of Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million.

The Loan would be utilized for funding of the following transmission projects including a project under Green Energy Corridor projects in next 3-4 years:

(i) HVDC Bipole link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu) - North Trichur (Kerala) - Scheme 1: Raigarh-Pugalur 6000 MW HVDC System.

(ii) HVDC Bipole link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu) - North Trichur (Kerala)- Scheme 3: Pugalur- Trichur 2000 MW VSC based HVDC System.

 

(iii) Real Time Measurement/ monitoring scheme.

(iv) Inter State Transmission System (ISTS) associated with Green Energy Corridor as under:

a) Ajmer(New) - Bikaner (New) 765 kV D/c

b) Bikaner(New) - Moga (PG) 765 kV D/c

c) LILO of one circuit of 400kV Bhadla- Bikaner (RVPN) line at Bikaner(New)

d) Establishment of 2x1500 MVA, 765/400 kV S/s at Bikaner (New)

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