PGCIL acquires Bikaner and Bhadla transmission SPV
Power Grid Corporation of India Limited (PGCIL) has informed the acquisition of special purpose vehicle (SPV), Bhadla-III and Bikaner-III Transmission Ltd, through tariff-based competitive bidding. The SPV would develop a transmission system strengthening for interconnections of Bhadla-III & Bikaner-III Complex", on a build, own, operate and transfer (BOOT) basis.
As per updates, the PGCIL comprises a 765kV D/C transmission line interconnecting Bhadla-III & Bikaner-III substations and associated bay extension works at these substations.
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