PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme
On October 15, 2024, Power Grid Corporation of India Ltd (PGCIL) was awarded the project SPV “Rajasthan IV H1 Power Transmission Ltd” by RECPDCL, the bid process coordinator, under the tariff-based competitive bidding (TBCB) route. PGCIL will develop the transmission project on a BOOT (Build, Own, Operate & Transfer) basis. The project involves establishing substations…