PowerGrid Board Approves Rs 2,578 Cr Investment for Rajasthan Transmission Project

PowerGrid has announced that its board has approved an investment of Rs 2,578.47 crore for a transmission project for a solar energy zone in Rajasthan.

PowerGrid Investment Transmission Project

State-run PowerGrid Corporation of  India (PGCIL) has announced that its board has approved 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 accorded 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. 

Earlier this month, we had reported that the company had been declared the successful bidder under the tariff-based competitive bidding to establish transmission systems for two projects in Gujarat and Rajasthan.

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.

In March, PGCIL had come up with a detailed proposal for developing a transmission system for the evacuation of power from potential solar and wind energy zones in the western region.

The corporation agreed on the proposal during the first Western Region Standing Committee on Transmission (WRSCT) meeting. Subsequently, a petition was filed to CERC for grant of regulatory approval for execution of the above transmission system. The department has revealed the entire scheme for the proposed system along with its justification, estimated cost and its tariff impact, results of the system studies and study assumptions.

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Ayush Verma

Ayush is a staff writer at saurenergy.com and writes on renewable energy with a special focus on solar and wind. Prior to this, as an engineering graduate trying to find his niche in the energy journalism segment, he worked as a correspondent for iamrenew.com.