New Delhi: State-owned Power Grid Corporation of India Ltd (PGCIL) has emerged as the successful bidder under the Tariff Based Competitive Bidding (TBCB) route for establishing the Inter-State Transmission System (ISTS) for the "Transmission System for Integration of Krishnagiri REZ Phase-I" project.
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In a regulatory filing on Friday, the company said it has received the Letter of Intent (LoI) for the project on July 10. The transmission project will be implemented on a Build, Own, Operate and Transfer (BOOT) basis.
The project involves setting up two new 765/400 kV substations in Andhra Pradesh. It also includes the construction of 765 kV and 400 kV transmission lines traversing Andhra Pradesh, Telangana and Karnataka, along with associated bays.
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The project is aimed at facilitating the integration of renewable energy generated under the Krishnagiri Renewable Energy Zone (REZ) Phase-I into the national grid, further strengthening the country's interstate transmission network.
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