Power Grid Corporation of India has received LoI for a marquee project with an estimated cost of INR 24,819 Crore (as per NCT estimations).

Nov 04, 2024

Power Grid Corporation of India Limited has bagged the Letter of Intent (LoI) for the Transmission System for the Evacuation of Power from the Potential Renewable Energy Zone in the Khavda area of Gujarat under Phase-V (8 GW): Part A with an estimated cost of INR 24,819 Crore (as per NCT estimations).

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The project includes the construction of 6000 MW, ± 800 kV HVDC terminals at KPS2 in Gujarat & Nagpur, Maharashtra along with ± 800 kV HVDC bipole line traversing between the two states. Additionally, the marquee project includes LILO of Wardha – Raipur 765 kV D/C line at Nagpur in Maharashtra, including supply & installation of various associated equipment/ interconnections at terminal stations.

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This is the first HVDC project bid out through tariff-based competitive bidding and forms an important part of the scheme to set up a total 30 GW of evacuation from Khavda RE park and enhance the transfer of power towards key load centres.