Power Grid Corporation of India acquires project specific SPV from REC

Power Grid Corporation of India pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 03 October 2019 acquired Ajmer Phagi Transco, the Project SPV to establish Transmission system for Construction of Ajmer (PG)Phagi 765 kV D/C line along with associated bays for Rajasthan SEZ, on build, own, Operate and maintain (BOOM) basis from REC Transmission Projects Company (the Bid Process Coordinator).

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