Powergrid Acquires Two SPVs for Evacuation Of Green Power From Rajasthan

Power Grid Corporation of India Limited (Powergrid) – a Maharatna CPSU under the Ministry of Power has recently acquired two Project Special Purpose Vehicles (SPVs) namely- Ramgarh II Transmission Limited and Beawar Dausa Transmission Limited for the Transmission System Projects.

They will be used for the evacuation of power from the Renewable Energy Zone (REZ) in Rajasthan (20GW) under Phase-III, Part C1 and Part H respectively. This came to the forth after competing with various private sector players and emerging as successful bidder in Tariff Based Competitive Bidding (TBCB) process, the firm said in a media statement. 

The company said that the Ramgarh II Transmission Limited would implement a Transmission System comprising  a new 765/400kV sub-station at Ramgarh along with STATCOM at Ramgarh, 765kV D/C Transmission Line and associated bays extension works at other existing Sub-station (Bhadla-III) in the state of Rajasthan at Bhadla Solar Park. The sub-station and transmission line elements are to be commissioned in 18 months while the STATCOM is to be commissioned in 24 months.

This Project should facilitate evacuation of renewable power of 2.9 GW from Ramgarh complex for onward dispersal of power to various beneficiaries on the Inter-State Transmission System (ISTS) network. Beawar Dausa Transmission Limited consists of establishment of a new 765/400kV sub-station at a suitable location near Dausa and 400kV & 765kV D/C Transmission Lines traversing in the state of Rajasthan and associated bay extension works.

The transmission system is an Inter State Transmission System Project and is to be commissioned in 18 months. This Project shall facilitate evacuation of renewable power of 9.1 GW from Fatehgarh complex through Fatehgarh-3 PS and Beawar S/S for onward
dispersal of power to various beneficiaries on ISTS network. Overall, the above two projects should facilitate evacuation of 12 GW of solar power through transmission lines traversing in the state of Rajasthan.

Powergrid,  through its various projects SPVs which have been acquired through tariff bidding route, is implementing various Transmission System Projects being constructed on build, own, operate and transfer (BOOT) basis. These Projects will augment the Indian transmission infrastructure to evacuate Green Energy to the National Grid thereby reducing dependency on fossil fuels, in line with Government of India’s vision of achieving 500 GW renewable energy target by year 2030.

As on 30th November 2023, Powergrid commissioned and operating 275 Sub-stations and more than 1,76,343 ckm transmission lines and 514,701 MVA of transformation capacity. With the adoption of latest technological tools and techniques, enhanced use of automation and digital solutions, Powergrid has been able to maintain average transmission system availability more than 99.8%.