Tata Power Wins Bid for Bikaner-III Neemrana-II Transmission Project
The ambitious initiative involves establishing a ~340 km transmission corridor from the Bikaner-III pooling station to the Neemrana II substation.
December 04, 2023. By Abha Rustagi
The letter of intent (LOI) was awarded to Tata Power following its success in the Tariff-Based Competitive Bidding (TBCB) process, aligned with the guidelines set by the Union Ministry of Power.
The transmission project, to be developed on a Build-Own-Operate-Transfer (BOOT) basis, is designed to facilitate the evacuation of 7.7 GW of renewable energy from the Bikaner Complex in Rajasthan.
The ambitious initiative involves establishing a ~340 km transmission corridor from the Bikaner-III pooling station to the Neemrana II substation. Tata Power has been entrusted with the maintenance of the transmission project for 35 years. The estimated cost of the project is INR 1544 crore, and it is anticipated to be commissioned within 24 months from the date of the transfer of the project SPV.
Upon successful commissioning, the project will play a pivotal role in the Ministry of Power's 2022 roadmap, aiming to integrate over 500 GW of renewable energy capacity into the national grid by 2030.
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