After emerging successful in the Tariff Based Competitive Bidding (TBCB) conducted as per the Guidelines notified by the Government of India, Power Grid Corporation of India Limited (POWERGRID), a 'Maharatna' Company under the Ministry of Power, has acquired the Project Special Purpose Vehicle (SPV) - Khetri Narela Transmission Limited.
The transmission project, which is being built on a Build, Own, Operate, and Maintain basis, would aid in the evacuation of renewable energy from Rajasthan's 8.1 GW Phase-II Solar Energy Zones to Delhi, the country's northern region.
The project includes the construction of a 765 kV Gas Insulated Substation (GIS) in Delhi, as well as the installation of 765 kV D/C Transmission lines that run across Rajasthan, Haryana, and Delhi, each with a capacity of roughly 4000 MW.
The project will help industries, households, and enterprises, increasing the country's overall economic development. It would upgrade transmission infrastructure to evacuate green energy, reducing India's reliance on fossil fuels and fulfilling the government's goal of 500 GW capacity from non-fossil sources by 2030.