Power Grid buys two transmission projects in Rajasthan to evacuate solar

09 Jun 2021 CW Team

REC invited bids in December 2020 to develop transmission systems to evacuate power from solar energy zones in Rajasthan. And the invitation was extended to transmission service suppliers under Phase 2 for Part-A, B, and C of the transmission strengthening program to evacuate 8.1 GW of power from these zones.

REC Ltd’s wholly-owned subsidiary REC Power Distribution Company Ltd (RECPDCL) gave the two project Special purpose vehicles (SPVs) to PGCIL.

PGCIL won each of the three projects. In March, it had also acquired the Ramgarh New Transmission under Phase 2, Part-A of the program.

On June 4, 2021, the complete shareholding of both the Fatehgarh Bhadla Transco and Sikar New Transmission, including 50,000 equity shares owned by RECPDCL, was given to PGCIL at par value and with all its assets.

Fatehgarh Bhadla Transco, incorporated on June 2, 2020, to evacuate power from Solar energy zones in Rajasthan (8.1 GW) under Phase 2-Part B, on a build, own, operate and maintain basis.

The transmission system includes developing a 765kV D/C line and associated bays extension work in Rajasthan. The system is an Inter-State Transmission System (ISTS) project slated for completion within 18 months.

The aggregate amount in which the Transco has been acquired is about Rs 130.4 million, including 50,000 equity shares at par at Rs 10 along with assets and liabilities.

Whereas Sikar New Transmission, incorporated on June 11, 2020, to evacuate power from Solar energy zones in Rajasthan (8.1 GW) under Phase-2- Part C on a build, own, operate, and maintain basis.

The transmission system comprises setting a new 765/400kV Substation at Sikar-2, 765kV D/C Transmission line, 400kV D/C Transmission line. It is also an ISTS project, slated for completion within 18 months.

The aggregate amount in which Sikar was acquired is about Rs 185.4 million.

As we have reported earlier, on May 21, its PGCIL approved an investment of Rs 22.20 billion for commissioning several power transmissions projects.

Image Source

Also read: PGCIL to invest Rs 22.20 bn in power transmission network

Also read: India drafts ancillary services market regulations for energy storage

Power Grid Corporation of India (PGCIL) has acquired two transmission projects Fatehgarh Bhadla Transco Ltd and Sikar New Transmission Ltd under Phase 2, Part-B and C of the transmission strengthening program. Both of the projects have to evacuate 8.1 GW of power from solar energy zones in Rajasthan. REC invited bids in December 2020 to develop transmission systems to evacuate power from solar energy zones in Rajasthan. And the invitation was extended to transmission service suppliers under Phase 2 for Part-A, B, and C of the transmission strengthening program to evacuate 8.1 GW of power from these zones. REC Ltd’s wholly-owned subsidiary REC Power Distribution Company Ltd (RECPDCL) gave the two project Special purpose vehicles (SPVs) to PGCIL. PGCIL won each of the three projects. In March, it had also acquired the Ramgarh New Transmission under Phase 2, Part-A of the program. On June 4, 2021, the complete shareholding of both the Fatehgarh Bhadla Transco and Sikar New Transmission, including 50,000 equity shares owned by RECPDCL, was given to PGCIL at par value and with all its assets. Fatehgarh Bhadla Transco, incorporated on June 2, 2020, to evacuate power from Solar energy zones in Rajasthan (8.1 GW) under Phase 2-Part B, on a build, own, operate and maintain basis. The transmission system includes developing a 765kV D/C line and associated bays extension work in Rajasthan. The system is an Inter-State Transmission System (ISTS) project slated for completion within 18 months. The aggregate amount in which the Transco has been acquired is about Rs 130.4 million, including 50,000 equity shares at par at Rs 10 along with assets and liabilities. Whereas Sikar New Transmission, incorporated on June 11, 2020, to evacuate power from Solar energy zones in Rajasthan (8.1 GW) under Phase-2- Part C on a build, own, operate, and maintain basis. The transmission system comprises setting a new 765/400kV Substation at Sikar-2, 765kV D/C Transmission line, 400kV D/C Transmission line. It is also an ISTS project, slated for completion within 18 months. The aggregate amount in which Sikar was acquired is about Rs 185.4 million. As we have reported earlier, on May 21, its PGCIL approved an investment of Rs 22.20 billion for commissioning several power transmissions projects. Image Source Also read: PGCIL to invest Rs 22.20 bn in power transmission network Also read: India drafts ancillary services market regulations for energy storage

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Real Estate

09 Mar 2026

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Infrastructure Energy

09 Mar 2026

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..