Adani Transmission (ATL) won an intra-state power transmission project in Madhya Pradesh for Rs 1,300 crore in the tariff-based competitive bidding held by REC Power Transmission Company (RECTPCL), said sources.
The other bidders in the race were Sterlite Power, Dilip Buildcon, state-owned Power Grid Corporation of India (PGCIL), and Torrent Power. The tender was floated by RECTPCL, an arm of Rural Electrification Corporation of the ministry of power.
The project aims at boosting power transmission infrastructure in Madhya Pradesh. Adani Transmission will set up 16 new sub-stations and strengthen system in the existing power supply network. RECTPCL has offered two packages for