POWERGIRD Acquires 2 Transmission Projects for INR 26.57 Crore
Power Grid Corporation of India has acquired two transmission SPVs from PFC Consulting for INR 26.57 crore under tariff-based competitive bidding, aimed at strengthening power infrastructure in Rajasthan and Karnataka.
March 24, 2025. By Mrinmoy Dey
The first SPV – Fatehgarh II and Barmer I PS Transmission, was established for the development of ‘Augmentation at Fatehgarh-11 PS, Fatehgarh-IV PS (Section-11) and Barmer-I PS’. The project comprises ICT augmentation works at existing and under construction sub-stations in Rajasthan. It has been acquired for an aggregate value of about INR 6.86 crore.
The second SPV – Chitradurga Bellary REZ Transmission, was established for the development of ‘Transmission Scheme for integration of Davanagere/Chitradurga REZ and Bellary REZ in Kamataka’.
The project comprises establishment of new 765/400/220kV pooling sub station near Davangere/Chitradurga and a new 400/220kV pooling sub station near Bellary along with 765kV and 400kV D/C transmission lines and upgradation works for existing sub-station and transmission line. The entire scope of works is situated in Karnataka. It has been acquired for an aggregate value of about INR 19.71 crore.
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