Power Grid Corporation of India Limited (POWERGRID) has been declared the transmission sector and aligns with successful bidder for the Inter-State Transmission System (ISTS) project, which aims to evacuate power from Mahan Energen Limited’s generating station in Madhya Pradesh. The project, awarded on a Build, Own, Operate.
Transfer basis, strengthens POWERGRID’s position in India’s power transmission sector Power Grid Corporation of India Limited (POWERGRID) has secured a significant contract to develop an under the Competitive Bidding (TBCB) mechanism. This milestone reinforces POWERGRID’s leadership in India’s power country’s vision of enhancing grid reliability and efficiency.
Project Overview
- Scope: The project involves developing high-capacity transmission lines and substations to strengthen the national power grid The infrastructure will span multiple states, ensuring The ISTS project will bolster grid stability by facilitating efficient power distribution. seamless Strong track record networks. power transmission across regions To enhance the reliability of electricity supply, support renewable energy integration, and reduce transmission bottlenecks
Strengthening India’s Power Infrastructure : It will help meet the growing demand for electricity in industrial, urban, and rural areas The project supports India’s Improved transmission networks will reduce power losses and improve efficiency in renewable energy evacuation. commitment to clean energy by enabling the integration of solar and wind power
- Boosting Economic Growth
- Reliable power supply is essential for industrial expansion and economic activities Enhanced TBCB is a mechanism where private and public entities bid competitively to develop and Encourages cost operate transmission projects transmission infrastructure attracts investments in It promotes cost efficiency, transparency, and fair competition in the power sector. manufacturing and technology sectors.
- As a leading state-owned transmission company, POWERGRID’s success in a TBCB project showcases its technical expertise and competitive edge. The project reinforces its role in transmission projects India’s evolving power market, balancing government-led initiatives with private sector More TBCB projects are expected, encouraging further public-private partnerships in the sector. participation.
- Scaling up Power Transmission Networks
- With India’s energy demand rising, expanding high-capacity transmission corridors will remain a priority Efficient transmission systems will be crucial for harnessing and investment while maintaining grid distributing clean energy from solar and wind farms Strengthened grids will facilitate inter-state power transfers, ensuring equitable energy distribution.
- POWERGRID’s victory in securing the ISTS project under TBCB reaffirms its leadership in India’s transmission sector. By enhancing grid reliability, integrating renewable energy, and driving economic growth, this project plays a vital role in India’s journey toward a robust and sustainable power infrastructure. With more competitive bidding projects on the horizon, POWERGRID continues to set benchmarks in the country’s energy landscape.
TBCB Mechanism:
Power Grid Corporation of India Limited (POWERGRID) has secured a major contract to develop an Inter-State Transmission System (ISTS) under the Tariff-Based efficiency, transparency, and competition Competitive Bidding (TBCB) mechanism. This achievement highlights POWERGRID’s leadership in India’s power transmission sector and its role in strengthening the country’s electricity infrastructure.
Project Overview
- Scope: Development of high-capacity transmission lines and substations to improve power transfer efficiency Multiple states, ensuring seamless electricity distribution across regions To enhance grid reliability, integrate renewable energy, and reduce transmission losses in in power transmission projects executing complex, high-capacity power Enhances grid to stability and supports growing power demands across industries and households.
- Renewable Energy Integration
- Enables efficient evacuation of solar and wind power, aligning with India’s green energy goals Reduces transmission bottlenecks, ensuring uninterrupted power supply Supports the stability Proven expertise in large-scale country’s target of 500 GW of renewable energy by 2030 Reliable electricity supply fosters industrial expansion and economic development Strengthens India’s power sector through public-private partnerships.
- Group Media Publication
- Construction, Infrastructure and Mining
- General News Platforms – IHTLive.com
- Entertainment News Platforms – https://anyflix.in/
%20/23%20cimr%204.jpg "India is selected to host the ICCC Conference in 2027.")