Power Grid Corporation of India pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 18 February 2025 acquired Khavda V-B1B2 Power Transmission, the Project SPV to establish 'Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme)', on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator ' REC Power Development and Consultancy (RECPDCL).

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