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PGCI acquires 'Vindhyachal Jabalpur Transmission' on BOOT basis

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Capital Market

On 26 February 2015

Power Grid Corporation of India announced that the company pursuant to its selection as the successful bidder under Tariff Based Completive Bidding, has acquired 'Vindhyachal Jabalpur Transmission', the Special Purpose Vehicle on 26 February 2015 from REC Transmission Projects Company Limited (the Bid Process Coordinator), to establish 'Transmission System Strengthening associated with Vindhyachal-V' on build, own operate and maintain (BOOM) basis.

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First Published: Feb 28 2015 | 10:43 AM IST

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