https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Power Grid Corporation of India Ltd. Acquires Two Project SPVs for Transmission System Projects in Rajasthan and Madhya Pradesh

These projects are key components of the Government of India’s vision to achieve 500 GW of renewable energy by 2030.
Indian Masterminds Stories

Power Grid Corporation of India Limited (PGCIL), a Maharatna PSU under the Ministry of Power, has successfully acquired two Project Special Purpose Vehicles (SPVs), namely Rajasthan IV C Power Transmission Limited and Rajasthan IV E Power Transmission Limited. These acquisitions were finalized on August 19, 2024, after PGCIL emerged as the successful bidder in the Tariff Based Competitive Bidding (TBCB) process, competing against various private sector players.

The two SPVs will implement critical transmission system projects for the evacuation of 5.5 GW of renewable energy from the Rajasthan Renewable Energy Zone (REZ) Phase IV (Part 2: 5.5 GW) located in the Jaisalmer/Barmer Complex. These projects are key components of the Government of India’s vision to achieve 500 GW of renewable energy by 2030.

Rajasthan IV C Power Transmission Limited Project

The Rajasthan IV C Power Transmission Limited SPV will establish a new 765/400/220 kV pooling sub-station at Mandsaur in Madhya Pradesh. The project will include the construction of a 765 kV double circuit (D/C) transmission line and associated bays extension works at existing substations in Madhya Pradesh. This project is part of the Inter-State Transmission System and is scheduled to be commissioned within 24 months. It will also facilitate the evacuation of power from the 2 GW Wind Energy Zone (WEZ) at Neemuch/Mandsaur.

Rajasthan IV E Power Transmission Limited Project

The Rajasthan IV E Power Transmission Limited SPV will implement a transmission system project involving the establishment of a new 765 kV sub-station at Rishabhdeo in Rajasthan. The project will also include the construction of 765 kV D/C transmission lines and associated bays extension works at substations in both Rajasthan and Madhya Pradesh. Similar to the Rajasthan IV C project, this transmission system is an Inter-State Transmission System Project and is expected to be commissioned within 24 months.

Supporting India’s Green Energy Vision

Both projects are integral to the transmission scheme designed to evacuate 5.5 GW of renewable energy from the Jaisalmer/Barmer Complex, specifically from Fatehgarh-IV (4 GW) and Barmer-I (1.5 GW) towards key load centers. These efforts are part of Power Grid’s broader initiative to augment India’s transmission infrastructure and facilitate the integration of green energy into the National Grid, reducing dependency on fossil fuels.

PGCIL, through its various Project SPVs acquired via the tariff bidding route, is implementing several Transmission System Projects on a build, own, operate, and transfer (BOOT) basis. These projects are crucial in aligning with India’s renewable energy goals.

PGCIL’s Expansive Infrastructure

As of July 31, 2024, PGCIL has commissioned and is operating 278 substations, with more than 177,790 ckm transmission lines and a transformation capacity of 532,446 MVA. Through the adoption of advanced technological tools, automation, and digital solutions, PGCIL has maintained an impressive average transmission system availability of over 99.8%.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
MTNL
MTNL to Hold 39th AGM on October 31; Key Agenda Includes ₹35,000 Crore Borrowing Limit and CMD Re-appointment
NFL AGM
National Fertilizers Ltd Declares ₹1.56 Dividend at 51st AGM; Highlights Strategic Growth and Sustainability Initiatives
ACC_Appointments Committee of Cabinet
ACC Cancels IAS Anil Singhal’s NRAA Appointment, Pramod Kumar Mehedra Appointed CEO on Ex-Post Facto Basis
IPS Officer Indian Police Services
3 IPS Officers Nominated as Senior Police Advisors for UN Peacekeeping Mission in Cyprus
jitendra-singh-resized
‘Reluctant Secretaries’: Bureaucracy Backlash Erupts After Union Minister’s Criticism on Innovation
Central Bank of India
Kalyan Kumar Appointed as Head of Central Bank of India: To Lead Digital Transformation, Business Growth & ESG Initiatives
chief_secretary_sp_goyal_
UP: DIG Sudha Singh Applies for VRS; Chief Secretary SP Goyal Named NIAL Chairman
Yogesh Gupta IPS
Kerala Govt Ordered to Clear Vigilance Hurdle for IPS Yogesh Gupta in 5 Days: CAT Steps In
ADVERTISEMENT
ADVERTISEMENT
Videos
IFS Ravikant Meena UPSC IFS
Ravikant Meena on IFS Preparation, Optionals, and Life in Forest Service
Siddhartha Saxena UPSC CAPF
How Siddhartha Saxena Cracked UPSC CAPF AIR 326 Against All Odds
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
ADVERTISEMENT
UPSC Stories
Giriraj Parihar MPPSC 2024
From Constable to Deputy Collector: Giriraj Parihar’s 9-Year MPPSC Journey | Farmer’s Son, Brother to Five Sisters
From a jail guard to MPPSC 2024 Rank 8, Giriraj Parihar’s nine-year journey of self-study, hard work,...
Ankit MPPSC 2024 Rank 3
From Village Dreams to Deputy Collector’s Chair: Meet Ankit, MPPSC Rank 3 Hindi Medium Topper
Ankit, a Hindi-medium aspirant from Balaghat, secured Rank 3 in MPPSC 2024 and became Deputy Collector...
Shubham Muchhala MPPSC 2024
9 Years, 6 Interviews, Now Deputy Collector: Meet MPPSC 2024 Hindi Medium Topper Shubham, the Face of Relentless Struggle
After nine years, seven prelims, six mains, and five interview failures, Shubham Muchhala secured MPPSC...
Social Media
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
MTNL
MTNL to Hold 39th AGM on October 31; Key Agenda Includes ₹35,000 Crore Borrowing Limit and CMD Re-appointment
NFL AGM
National Fertilizers Ltd Declares ₹1.56 Dividend at 51st AGM; Highlights Strategic Growth and Sustainability Initiatives
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IFS Ravikant Meena UPSC IFS
Siddhartha Saxena UPSC CAPF
Dr. S.K
ADVERTISEMENT
ADVERTISEMENT