New Delhi: State-owned Power Grid Corporation of India announced on Thursday that it has been selected as the successful bidder for a transmission project in Gujarat.

The company won the project through a tariff-based competitive bidding process, according to a regulatory filing.

The project involves setting up an inter-state transmission system to evacuate power from the potential renewable energy zone in Gujarat’s Khavda region under Phase-IV (7GW) on a build, own, operate, and transfer (BOOT) basis.

Power Grid received the Letter of Intent (LoI) on September 19, 2024. The project includes the construction of a new sub-station along with associated bay extension works. DeshGujarat