Powergrid Emerges Successful Bidder for 2500 MW Transmission Project

Powergrid Emerges Successful Bidder for 2500 MW Transmission Project in Andhra Pradesh

India’s largest electricity transmission company  Power Grid Corporation of India Limited, has emerged as the successful bidder under tariff based competitive bidding, for the acquisition of Ananthpuram Kurnool Transmission Limited to establish transmission scheme for solar energy zone in Ananthpuram (Ananthapur) (2500 MW). It has also bagged Kurnool (1000 MW) project in Andhra Pradesh. The project is on build, own, operate and transfer (BOOT) basis and has been awarded by PFC Consulting Limited.

The project comprises of establishment of a new 400/220 kV pooling station at a suitable border location between Ananthpuram and Kurnool (in Andhra Pradesh) and two 400 kV D/C transmission lines traversing in the state of Andhra Pradesh and associated bay extension works. The transmission system is an Inter State Transmission System Project and is to be constructed within 24 months from the effective date of contract.

Ananthpuram Kurnool Transmission Limited was incorporated on May 13, 2023 by PFC as per the “guidelines encouraging competition in development of transmission projects” and “tariff based competitive-bidding guidelines for transmission service” notified by Ministry of Power (MoP).

Recently, Power Grid Corporation of India Limited (Powergrid) successfully bagged a project under the tariff-based competitive bidding (TBCB) process to set up an Inter-State Transmission System Project titled, “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part C1” on a Build, Own Operate, and Transfer (BOOT) basis.