In recent independent orders, Central Electricity Regulatory Commission (CERC) has granted interstate transmission licence to three schemes.
Incidentally, all the three projects were clinched by Power Grid Corporation of India Ltd (PGCIL) under the tariff based competitive bidding (TBCB) mechanism. The transmission licence will be valid for a period of 25 years, and is subject to fulfillment of statutory conditions.
Broad details of these three projects are as follows:
Project SPV (Original name): Raipur Pool Dhamtari Transmission Ltd
Bid process coordinator: PFC Consulting Ltd (PFCCL)
Successful bidder: Power Grid Corporation of India Ltd
Project SPV (New name): Powergrid Raipur Pool Dhamtari Transmission Ltd
Tariff (Rs. crore per year): 29.718
Project description: Western Region Expansion Scheme- XXVII (WRES-XXVII)
Completion period: 18 months
Project SPV (Original name): Khavda RE Transmission System Ltd
Bid process coordinator: REC Power Development & Consultancy Ltd (RECPDCL)
Successful bidder: Power Grid Corporation of India Ltd
Project SPV (New name): Powergrid Khavda RE Transmission System Ltd
Tariff (Rs. crore per year): 77.327
Project description: Transmission network expansion in Gujarat associated with integration of RE projects from Khavda potential RE zone
Completion period: 24 months
Project SPV (Original name): Khavda II-B Transmission Ltd
Bid process coordinator: REC Power Development & Consultancy Ltd (RECPDCL)
Successful bidder: Power Grid Corporation of India Ltd
Project SPV (New name): Powergrid Khavda II-B Transmission Ltd
Tariff (Rs. crore per year): 110.368
Project description: Transmission scheme for evacuation of 4.5 GW RE injection at Khavda pooling station under Phase II – Part B
Completion period: 24 months
Also read: CERC Grants Licence To KPS3 Transmission
PGCIL most successful
As already reported by T&D India, the aforementioned three projects were among the seven ISTS projects that PGCIL won during the first four months (April to July) of FY24, under the TBCB modality. In the same period Adani Transmission Ltd (now known as Adani Energy Solutions Ltd) won two. (Read full story)
