POWERGRID acquires 3 project SPVs
POWERGRID has acquired 3 project SPVs: ‘Rajasthan V Power Transmission Limited,’ ‘Banaskantha Transco Limited,’ and ‘Kurnool-IV Transmission Limited,’ with cost of ₹10,750 crore (NCT estimations). These projects will facilitate the evacuation of 4 GW of RE potential from the Sirohi/Nagaur complex; enable evacuation of 4.5 GW RE potential in the Kurnool, Andhra Pradesh & facilitate the integration of an additional 300 MW of RE into the ISTS network.