M/s Power Grid Corporation of India Limited emerged as the successful bidder through Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of the transmission project on Build, Own, Operate & Transfer (BOOT) basis.

The SPV was handed over by Shri Saurabh Rastogi, CEO, RECPDCL to Sh. Pankaj Pandey, Executive Director, Power Grid Corporation of India Limited in the presence of Sh. Arup Samanta, GM & CS, Sh. Ashwini Kumar Das, GM, PGCIL and other senior officials of RECPDCL, PGCIL and CTUIL. The implementation period of the project is 24 months.

The scheme covers augmentation of transformation capacity at Davanagere PS and Bellary PS, as well as establishment of Bellary – Davanagere 2nd 400 kV Double Circuit line of around 72 km.

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