Power Grid Corporation of India (PGCIL)
PGCIL has successfully acquired Khavda V-A Power Transmission Ltd, a special purpose vehicle (SPV), for Rs 18.95 crore. The acquisition, from REC Power Development and Consultancy Ltd., is part of a project to establish a transmission system for evacuating power from a renewable energy zone in Khavda, Gujarat. The project will include the development of 6,000 MW, ±800 kV HVDC terminal stations at KPS2 in Gujarat and Nagpur, Maharashtra.
Location: Gujarat
Estimated Value (Rs. Cr): 18.95
Sector: Power
Project Stage: Project Update
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