PowerGrid Board Sanctions Investment worth Rs. 2.5 Crores for Rajasthan Transmission Project

The board of directors in their meeting held on August 27, 2019, have permitted investment approval for transmission system for the SEZs in Rajasthan at an estimated cost of Rs 2,578.47 crore with commissioning schedule as of December 2020

August 28, 2019. By News Bureau

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PowerGrid Corporation of India (PGCIL) has announced that its board has sanctioned an investment of Rs 2,578.47 crore for an electricity transmission project for a solar energy zone (SEZ) in Rajasthan.

The board of directors in their meeting held on August 27, 2019, have permitted investment approval for transmission system for the SEZs in Rajasthan at an estimated cost of Rs 2,578.47 crore with commissioning schedule as of December 2020, the company issued in a BSE filing.

The state-owned utility had won the right to develop transmission systems associated with LTA application from Rajasthan Solar Energy Zone (SEZ) Part – C, on a Build Own Operate and Maintain (BOOM) basis. The transmission system comprises a 765/400 kV substation and 765 kV and 400 kV transmission lines that traverse Rajasthan, Haryana, and Delhi.

The other Letter of Intent (LoI) was received for establishing a transmission system for providing connectivity to RE Projects at Bhuj-11 (2000 MW) in Gujarat on BOOM basis. The Transmission system will comprise of 765/400kV Gas Insulated substation and 765kV transmission lines that traverse in the state of Gujarat.

The two contracts to set up transmission infrastructure have been signed for providing the facility to evacuate power generated from renewable energy projects.

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