POWERGRID receives LoI to acquire Bhadla-III Power Transmission

The project involves augmenting capacity at the existing Bhadla-III substation in Rajasthan.

Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Undertaking (CPSU) under the Ministry of Power, has received a Letter of Intent (LoI) for acquiring the Project Special Purpose Vehicle (SPV) "Bhadla-III Power Transmission Limited."

The acquisition is part of the establishment of a transmission system linked to the "Additional Transmission System for Evacuation of Power from Bhadla-III PS" under the Rajasthan Renewable Energy Zone (REZ) Phase-III Scheme (20 GW).

After a Tariff Based Competitive Bidding process, POWERGRID won the project, which involves augmenting capacity at the existing Bhadla-III substation in Rajasthan. The project includes installing 2x500 MVA 400/220 kV ICTs and 2x1500 MVA 765/400 kV ICTs, along with the corresponding 765 kV, 400 kV, and 220 kV bays.

Completion is expected within 18 months, with a specific target of commissioning the 1x1500 MVA, 765/400 kV (4th) ICT by 30 December.

Additionally, the acquisition also aligns with POWERGRID's ongoing efforts to boost India's green energy infrastructure, supporting the government's goal of 500 GW renewable energy by 2030.

As of 31 July, POWERGRID operates 278 substations and over 177,790 circuit kilometers of transmission lines, with a system availability rate of over 99.8%.

Also Read

What is the future of gas in Australia's energy market?

Vietnam’s weak grid a barrier to direct power purchase policy

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit