Power Grid Corporation of India Limited has acquired 6 Project Special Purpose Vehicles (SPVs) for various Transmission System Projects after competing with various private sector players and emerging as successful bidder in the Tariff Based Competitive Bidding process (TBCB) conducted by REC Power Development and Consultancy Limited as per the Guidelines notified by Government of India. These Project SPVs are :
- Khavda RE Transmission Limited
- KPS2 Transmission Limited
- KPS3 Transmission Limited
- Khavda II-B Transmission Limited
- Khavda II-C Transmission Limited
- ERWR Transmission Limited
