Author: PPD Team Date: 13/11/2024
Power Grid Corporation of India Ltd (PGCIL) has acquired Bikaner A Power Transmission Ltd (BATPL) and Bikaner B Power Transmission Limited, both established to support the “Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]” on a build, own, operate, and transfer (BOOT) basis.
The acquisition from REC Power Development and Consultancy Limited (RECPDCL), the bid process coordinator, was completed on November 11, 2024.