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Power Grid acquires Bhadla-III Power Transmission
Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has on 28 August 2024, acquired Bhadla-III Power Transmission, the Project SPV to establish Additional Transmission System for Evacuation of Power from Bhadla-III PS as Part of Rajasthan REZ Phase-III Scheme (20 GW), on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator i.e. REC Power Development and Consultancy.