China Southern Power Grid International (HK Company Limited), in a consortium with CLP India Private Limited, is set to enter the power transmission sector in India.
In bids called for projects totalling Rs 3,000 crore, state-owned China Southern Power has submitted a proposal of interest to build, own and operate power transmission networks.
Three projects for which the bids were called are transmission system for an ultra-mega solar park in Jaisalmer, Rajasthan (Rs 536 crore), ERSS-XXI (Rs 1,321 crore) and the New WR-NR Inter-Regional Corridor (Rs 916 crore).
Among the other bidders were Power Grid Corporation of India Limited (PGCIL), Sterlite Power, Adani