Power Grid Corporation of India Limited (Powergrid) has acquired Beawar Dausa Transmission Limited and Ramgarh II Transmission Limited through tariff-based competitive bidding. Powergrid will develop the project on a build, own, operate and transfer basis within an estimated completion period of 18 months from the SPV acquisition date for Beawae Dausa Transmission. The project entails setting up a new 765/400 kV substation at a suitable location near Dausa and 400 kV and 765 kV double circuit transmission lines traversing Rajasthan along with associated bay extension works.