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Power Grid Corporation of India to establish transmission system in Eastern Region

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Capital Market

Acquires project SPV - Medinipur-Jeerat Transmission from PFC Consulting

Power Grid Corporation of India has on 28 March 2017 acquired Medinipur-Jeerat Transmission, the project SPV to establish transmission system for 765kV strengthening in Eastern Region (ERSS-XVIII) on build, own, operate and maintain basis from PFC Consulting. The transmission system includes establishment of 765kV and 400kV transmission lines including establishment of two new 765/400kV substations. The transmission system is to be progressively constructed over a period of 40 months.

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First Published: Mar 29 2017 | 1:26 PM IST

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