https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Power Grid Acquires Bhadla-III & Bikaner-III Transmission Project SPV for Interconnection System Strengthening

Indian Masterminds Stories

Power Grid Corporation of India Limited (PGCIL), a Maharatna Central Public Sector Undertaking (CPSU) under the Ministry of Power, has successfully acquired the project special purpose vehicle (SPV) “Bhadla-III & Bikaner-III Transmission Limited.” This acquisition, completed on August 30, was part of a competitive tariff-based bidding process (TBCB) managed by PFC Consulting Limited (PFCCL). PGCIL emerged as the winning bidder against several private sector competitors.

The project involves establishing a transmission system that includes a 765kV double-circuit transmission line linking the Bhadla-III and Bikaner-III substations, along with the associated bay extension work at these locations in Rajasthan. This inter-state transmission system project is expected to be completed within 24 months.

The new transmission link between Bhadla-III and Bikaner-III substations will enhance the flexibility of power transfer from renewable energy (RE) clusters in the region and strengthen the resilience of the transmission corridor in these complexes. Additionally, the project will accommodate future renewable energy generators that will be established in the Bhadla-III region.

PGCIL, through its various SPVs acquired via tariff bidding, is currently developing multiple transmission system projects on a build, own, operate, and transfer (BOOT) basis. These initiatives aim to boost India’s transmission infrastructure, facilitating the evacuation of green energy to the national grid, and aligning with the government’s goal of achieving 500 GW of renewable energy by 2030.

As of July 31, PGCIL operates 278 substations and more than 1,77,790 circuit kilometers of transmission lines, with a transformation capacity of 532,446 MVA. By adopting advanced technological tools, automation, and digital solutions, PGCIL has maintained an impressive average transmission system availability of over 99.8 percent.


Indian Masterminds Stories
Related Stories
NEWS
NPCI
NPCI Expands AI Use to Strengthen Security Amid Rising UPI Transactions
IAS Extension (4)
JNPA Records 13.55% Growth in Container Traffic, Handles 7.3 Million TEUs in FY 2024-25
PNGRB
PNGRB Proposes Indian Oil for Andaman & Nicobar Gas Infrastructure Development
Coal India Limited_CIL_logo_resized
Coal India Expands Global Footprint with Lithium Push in Argentina
RailTel Corporation of India Limited 2
RailTel, LTSU, and NSDC Join Hands to Boost Railway Sector Skills Development
NHAI logo
NHAI Achieves Record Highway Construction and Investment in FY 2024-25
Chennai Petroleum Corporation Limited (CPCL)
H Shankar Appointed MD of Chennai Petroleum Corporation Limited
IAS Shelly Rathi
IAS Shelly Rathi Appointed Joint Secretary to Chief Minister of Delhi
Videos
Padmapani Bora IRS
The Rise of Assam as India’s Most Exciting Tourist Spot | Exclusive with IRS Padmapani Bora
Sajjan Yadav, IAS
The Policy Maker Who Turned India’s Vaccine Story and UPSC Struggles into Bestsellers
WhatsApp Image 2025-03-21 at 14.33
Training The Cops In Mastering The Technology Used By Criminals
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
NPCI
NPCI Expands AI Use to Strengthen Security Amid Rising UPI Transactions
IAS Extension (4)
JNPA Records 13.55% Growth in Container Traffic, Handles 7.3 Million TEUs in FY 2024-25
Videos
Padmapani Bora IRS
Sajjan Yadav, IAS
WhatsApp Image 2025-03-21 at 14.33
ADVERTISEMENT
ADVERTISEMENT