Power Grid Corporation of India Limited has recently acquired a Project Special Purpose Vehicle (SPV) viz. Khavda IV-E2 Power Transmission Limited on 30th May 2024 for the “Transmission System Project for Evacuation of Power from Potential Renewable Energy Zone in Khavda Area of Gujarat under Phase-IV (7GW) Part E2” after competing with various private sector players and emerging as successful bidder in Tariff Based Competitive Bidding (TBCB) process
Khavda IV-E2 Power Transmission Limited shall implement augmentation works at existing substation namely Khavda Pooling Station -2 in the state of Gujarat. The augmentation work shall inter-alia include supply and installation of 4×1500 MVA 765/400 kV ICTs along with corresponding 765kV and 400kV line bays. The Project is an Inter State Transmission System Project and is to be commissioned in 21 months. The said existing substation is also being implemented by another wholly owned subsidiary of POWERGRID namely POWERGRID KPS2 Transmission System Limited. Both the Projects shall enable integration of an additional 6 GW (cumulative 9 GW) generation capacity in Khavda RE Park.
