Adani Transmission bags second package of REC reverse auction

19 Mar 2021 CW Team

Electric power transmission major Adani Transmission Ltd (ATL) has won the auction for the second package of Madhya Pradesh’s intra-state electricity transmission infrastructure project.

In the reverse auction held by REC Ltd, Adani Transmission placed a levelised tariff bid of Rs 132.65 crore, the lowest among the four bidders. Power Grid Corporation of India Ltd (PGCIL) bid at Rs 146.3 crore, the highest among the bidders, including Dilip Buildcon and Sterlite Grid Twenty-Eight.

In a regular tender, a seller puts up an item, and buyers place bids until the close of the auction, at which time the item goes to the highest bidder. In reverse tenders, sellers bid for the prices at which they are willing to sell their goods and services. In a reverse tender, the buyer puts up a request for required goods or services. Sellers then place bids for the amount they are willing to be paid for the goods or services, and at the end of the auction, the seller with the lowest amount wins.

Last week, Adani Transmission had the first package of the same tender at a levelised tariff bid of Rs 142.98 crore. Power Grid Corporation had bid at Rs 159.86 crore, higher than Sterlite Grid 12 and Dilip Buildcon, the two other bidders.

The transmission works under the second package will be spread over the area of Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company (MPMKVCL) and Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company (MPPOKWVCL).

The project involves the construction of:

Three 220/132kV substations
One 220/33kV substation
Fourteen 132kV substations

Transmission works under the first package will be spread over the area of Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company (MPMKVCL) Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company (MPPKWVCL).

The project involves the construction of:

One 400kV gas insulated substation
Two 220/132 kV substations
One 220/33 kV substation
Eleven 132 kV substations and
Two 132/33 kV gas-insulated substations

Image Source

Electric power transmission major Adani Transmission Ltd (ATL) has won the auction for the second package of Madhya Pradesh’s intra-state electricity transmission infrastructure project. In the reverse auction held by REC Ltd, Adani Transmission placed a levelised tariff bid of Rs 132.65 crore, the lowest among the four bidders. Power Grid Corporation of India Ltd (PGCIL) bid at Rs 146.3 crore, the highest among the bidders, including Dilip Buildcon and Sterlite Grid Twenty-Eight. In a regular tender, a seller puts up an item, and buyers place bids until the close of the auction, at which time the item goes to the highest bidder. In reverse tenders, sellers bid for the prices at which they are willing to sell their goods and services. In a reverse tender, the buyer puts up a request for required goods or services. Sellers then place bids for the amount they are willing to be paid for the goods or services, and at the end of the auction, the seller with the lowest amount wins. Last week, Adani Transmission had the first package of the same tender at a levelised tariff bid of Rs 142.98 crore. Power Grid Corporation had bid at Rs 159.86 crore, higher than Sterlite Grid 12 and Dilip Buildcon, the two other bidders. The transmission works under the second package will be spread over the area of Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company (MPMKVCL) and Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company (MPPOKWVCL). The project involves the construction of: Three 220/132kV substations One 220/33kV substation Fourteen 132kV substations Transmission works under the first package will be spread over the area of Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company (MPMKVCL) Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company (MPPKWVCL). The project involves the construction of: One 400kV gas insulated substation Two 220/132 kV substations One 220/33 kV substation Eleven 132 kV substations and Two 132/33 kV gas-insulated substations Image Source

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Real Estate

30 Jul 2026

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Technology

30 Jul 2026

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..