Powergrid acquires Beawar Dausa Transmission Limited and Ramgarh II Transmission Limited via TBCB route

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.