Power Grid declared as successful bidder under TBCB
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Power Grid declared as successful bidder under TBCB

Mumbai, Dec 6: Power Grid Corporation of India Limited said that company has been declared as the successful bidder under Tariff based competitive bidding (TBCB) to establish 'Transmission System for Evacuation of Power from 2 x 660 MW Jawaharpur Thermal Power Project and construction of 400 kV substation at Firozabad along with associated Transmission Lines' on build, own operate and maintain (BOOM) basis.

The Project is an Intra-State transmission system of Uttar Pradesh and comprises 765kV, 400kV, 220kV and 132kV lines apart from establishing a new 400/220/132 kV Substation at Firozabad, Uttar Pradesh., company said in a filing with BSE.

The Letter of Intent (LoI) was received on December 5. This is the first Intra State Transmission System Project won by Power Grid Corporation of India Limited under Tariff Based Competitive Bidding. (UNI)