Power Grid acquires 2 transmission projects for `3,375 crore
It’ll help decongest heavily loaded transmission corridors, improve power reliability, facilitate seamless RE transfer across regions
image for illustrative purpose
New Delhi: State-owned Power Grid Corporation of India on Thursday said it has acquired two key projects worth Rs3,375 crore, which will strengthen energy transmission network in the country.
These projects will help decongest heavily loaded transmission corridors, improve power reliabil-ity, and facilitate seamless transfer of renewable energy across regions. Additionally, they will support the evacuation of power from upcoming pumped storage projects, contributing to India’s clean energy and grid stability goals, POWERGRID said in a statement.
The company said it has won the two SPVs (special purpose vehicles) -- Vindhyachal Varanasi Transmission Limited and SR WR Power Transmission Limited -- through tariff based competi-tive bidding. Vindhyachal Varanasi Transmission Limited has been acquired from PFC Consult-ing Ltd on October 16 for the execution of an inter-regional transmission system.
The project comprises establishment of a new 765 kV sub-station at Prayagraj and 765 kV trans-mission lines traversing through Uttar Pradesh and Madhya Pradesh. SR-WR Power Transmis-sion Limited has been acquired from BPC REC Power Development & Consultancy Ltd on Oc-tober 17, which is expected to strengthen energy transmission between SR grid and WR grid.
