POWERGRID Acquires Sirohi Transmission Limited and Beawar-Mandsaur Transmission Limited
Power Grid Corporation of India Limited (POWERGRID) - a Maharatna CPSU under Ministry of Power has acquired two Project Special Purpose Vehicles (SPVs) viz. Sirohi Transmission Limited and Beawar-Mandsaur Transmission Limited on 22nd August 2024 for the Transmission System Projects for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part B and Part D, respectively, from the Bid Process Coordinator PFC Consulting Limited (PFCCL) after competing with various private sector players and emerging as a successful bidder in the Tariff Based Competitive Bidding (TBCB) process.
Sirohi Transmission Limited shall implement a Transmission System comprising the establishment of the new 765/400 kV sub-station near Sirohi in Rajasthan, 765kV & 400kV D/C Transmission Lines, and associated bay extension works at the existing substation in the state of Rajasthan. The transmission system is an Inter State Transmission System Project and is to be commissioned in 24 months.
Beawar-Mandsaur Transmission Limited shall implement a Transmission System comprising the establishment of a 765 kV D/C Transmission Line and associated bay extension works at the existing sub-station in the states of Rajasthan and Madhya Pradesh. The transmission system is an Inter State Transmission System Project and is to be commissioned in 24 months.
Both the above projects are parts of the high-capacity transmission corridor that shall facilitate the evacuation of 5.5 GW renewable energy from Jaisalmer/Barmer Complex (Fatehgarh-IV: 4 GW, Barmer-I: 1.5 GW) towards the load centres.
POWERGRID, through its various Project SPVs, which have been acquired through the tariff bidding route, is implementing various Transmission System Projects being constructed on build, own, operate and transfer (BOOT) basis. These Projects will augment the Indian transmission infrastructure to evacuate Green Energy to the National Grid thereby reducing dependency on fossil fuels, in line with the Government of India’s vision of achieving a 500 GW renewable energy target by the year 2030.
As on 31st July 2024, POWERGRID has commissioned and is operating 278 Sub-stations and more than 1,77,790 ckm transmission lines, and 532,446 MVA of transformation capacity. With the adoption of the latest technological tools and techniques and enhanced use of automation and digital solutions, POWERGRID has been able to maintain average transmission system availability of more than 99.8%.
Issued by:
Team Corporate Communications
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e-mail: powergrid.pr@powergrid.in
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