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Power Grid Corporation of India acquires project SPV Fatehgarh-11 Transco

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Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 14 October, 2019 acquired Fatehgarh-11 Transco (FTL), the Project SPV to establish Transmission system for Transmission system associated with LTA applications from Rajasthan SEZ Part-B, on build, own, operate and maintain (BOOM) basis from PFC Consulting (the Bid Process Coordinator).

The transmission system comprises 765kV line traversing in the State of Rajasthan along with associated bays. The transmission system is an Inter State Transmission System Project.

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First Published: Oct 15 2019 | 5:21 PM IST

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