The Power Grid Corporation of India (PGCIL) has won the bid to construct a 765 kV transmission project in India’s Eastern Region (ERSS-XVIII). They won the bid through competitive bidding auction and will develop the transmission network on a build, own, operate and maintain (BOOM) basis. PFC Consulting, a subsidiary of Power Finance Corporation, conducted the tender.
The Letter of Intent was received on February 21, 2017, according to PGCIL. The PGCIL will undertake construction of 765/400 kV, 2×1500 Mega Volt Amp (MVA) substations at Medinipur and 765/400 kV, 2×1500 MVA substations at Jeerat, 300 km Ranchi–Medinipur 765 kV direct current (D/c) line with 2×330 MVAR switchable line rector at both ends, 200 km Medinipur-Jeerat 765 kV D/c line; loop in loop out (LILO) of both circuits of Chandithala-Kharagpur 400 kV D/c line at Medinipur, 120 km Jeerat-Subhasgram 400 kV D/c line, Jeerat (New)-Jeerat (WBSETCL) 400 kV D/c line, LILO of Jeerat (WBSETCL)-Subhasgram (PG) 400 kV S/c section at Rajarhat, and two 400 kV line bays at Jeerat (WBSETCL).
The project had been approved in the 17th Standing Committee on Power System Planning of Eastern Region held in May 2015, stated a central electricity authority (CEA) official. The entire project is expected to cost approximately Rs.40 billion (~$0.596 billion), added the CEA official.
Image Credit: PGCIL
Wendy is a co-founder of Mercom Capital Group, the parent company of Mercom India. Wendy is a contributing editor at MercomIndia.com and is responsible for content quality across the company and products. She has over 15 years of business and finance experience in the energy and technology markets. In addition to Mercom, Wendy has written for many other clean energy-focused blogs and publications. More articles from Wendy Prabhu.