![Power Grid emerges as successful bidder for inter-state transmission project in Gujarat](http://media.assettype.com/psuwatch%2F2023-08%2F009441dc-074b-442e-b8de-8e257d1fb3ec%2FPower_Grid_Image___PSU_Watch.jpg?w=480&auto=format%2Ccompress&fit=max)
New Delhi: Power Grid Corporation of India Ltd (PGCIL) has emerged as a successful bidder for setting up an inter-state transmission system project in Gujarat.
The company has received a Letter of Intent (LoI) in this regard on Monday, Powergrid said in an exchange filing.
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"Power Grid Corporation of India has been declared as successful bidder under tariff-based competitive bidding to establish Inter-State Transmission System Project for transmission system for evacuation of additional 7 GW of RE power from Khavda RE park under Phase III Part B on build, own, operate and transfer basis," it said.
The project comprises establishment of a new 765/400kV switching station at Vataman in Ahmedabad district, three 765kV D/C transmission lines traversing in the state of Gujarat as well as extension works at Navsari and Halvad substations.
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