PGCIL wins two ISTS projects in Gujarat and Karnataka

Power Grid Corporation of India Limited (PGCIL) received the Letter of Intent (LoI) for two Interstate Transmission System (ISTS) projects under the Tariff Based Competitive Bidding (TBCB) route on January 6, 2025.  These projects are on a Build, Own, Operate, and Transfer (BOOT) basis: Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme): The project comprises augmentation works at under-construction substations in the State of Gujarat. The…