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Power Grid Corporation of India acquires Project SPV Bhind Guna Transmission

On 11 September 2019

Power Grid Corporation of India has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State Transmission system associated with LTA applications from Rajasthan SEZ Part-B on build, own operate and maintain (BOOM) basis. The Letter of Intent (LoI) dated 11th September 2019 has been issued to Power Grid Corporation of India. The Transmission system comprises a 765kV DIC Transmission line & associated bays to be established in Rajasthan; and

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 11 September, 2019 acquired Bhind Guna Transmission (BGTL), the Project SPV to establish transmission system for Intra-State Transmission Work associated with construction of 400 kV Substation near Guna (Distt.-Guna, Madhya Pradesh) & Intra-State Transmission Work associated with construction of 220 kV Substation near Bhind (Dist-Bhind, Madhya Pradesh), on build, own, operate and maintain (BOOM) basis from REC Transmission Projects Company (the Bid Process Coordinator).

The transmission system comprises 400kV, 220kV and 132kV Transmission lines apart from establishing a new 400/220kV and 220kV/132kV Substation at Guna, and Bhind respectively. The transmission system is an Intra State Transmission System Project in the State of Madhya Pradesh and is to be completed by 36 months.

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