POWERGRID acquires “Khavda IV-E2 Power Transmission Limited” under TBCB Power Grid Corporation of India Limited (POWERGRID) has recently acquired a Project Special Purpose Vehicle (SPV) viz. Khavda IV-E2 Power Transmission Limited on 30th May 2024 for the “Transmission System Project for Evacuation of Power from Potential Renewable Energy Zone in Khavda Area of Gujarat under Phase-IV (7GW) Part E2” after competing with various private sector players and emerging as successful bidder in Tariff Based Competitive Bidding (TBCB) process. Khavda IV-E2 Power Transmission Limited shall implement augmentation works at existing substation namely Khavda Pooling Station -2 in the state of Gujarat. The augmentation work shall inter-alia include supply and installation of 4×1500 MVA 765/400 kV ICTs along with corresponding 765kV and 400kV line bays.

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