Power Grid Corporation of India Limited (POWERGRID) – a Maharatna CPSU under Ministry of Power has recently acquired two Project Special Purpose Vehicles (SPVs) viz. Sikar Khetri Transmission Limited and Bidar Transmission Limited on 09th February 2024  for the Transmission System Projects for evacuation of power from REZ in Rajasthan (20GW) under Phase-III Part D Phase I and Solar Energy Zone (2500 MW) in Bidar, Karnataka respectively after competing with various private sector players and emerging as successful bidder in Tariff Based Competitive Bidding (TBCB) process.

Sikar Khetri Transmission Limited shall implement a Transmission System comprising establishment of 02 nos. 765kV D/C transmission lines traversing in Rajasthan and Delhi alongwith associated bays extension works at existing substations located in Rajasthan and Delhi. The transmission system is an Inter State Transmission System Project and is to be commissioned in 18 months. This Project shall facilitate transfer of RE power (Ramgarh/Bhadla complex) beyond Sikar-II to load centers of Delhi and UP.

Bidar Transmission Limited consists of establishment of new 765/400/220 kV sub-station at Bidar, 765kV D/C Transmission Line and associated bays extension works at other existing substation in the states of Karnataka & Telangana. The transmission system is an Inter State Transmission System Project and is to be commissioned in 24 months. This Project shall facilitate integration and evacuation of RE (solar) power of 2.5 GW from Bidar area of Karnataka for onward dispersal of power to various beneficiaries on ISTS network.

POWERGRID, though its various Projects SPVs which have been acquired through 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 Government of India’s vision of achieving 500 GW renewable energy target by year 2030.

As on 31st January 2024, POWERGRID has commissioned and operating 276 Sub-stations and more than 1,76,762 ckm transmission lines and 520,546 MVA of transformation capacity. With the adoption of latest technological tools and techniques, enhanced use of automation and digital solutions, POWERGRID has been able to maintain average transmission system availability more than 99.8%.

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