PGCIL acquires two SPVs for transmission projects in Karnataka and Rajasthan
Power Grid Corporation of India Limited (PGCIL) has acquired two special purpose vehicles (SPVs) to implement key transmission projects in Karnataka and Rajasthan. The two SPVs are: Chitradurga Bellary REZ Transmission Limited – Responsible for “Transmission Scheme for integration of Davanagere / Chitradurga and Bellary REZ in Karnataka.” Fatehgarh II And Barmer I PS Transmission Limited – Responsible for “Augmentation at Fatehgarh-II PS, Fatehgarh-IV PS (Section II) and Barmer-I PS.” The acquisition, completed on March…