Power Grid Corporation was awarded the largest transmission line project, with the estimated cost of Rs. 26,820 crore. This critical power transmission corridor project, connecting power deficient states to western India, was awarded to PGCIL through nomination.
The decision was taken against the normal criteria of auction for private sector investments, on the request by southern states that the Central Government award to Power Grid, who heads the high voltage direct current transmission line between Chhattisgarh and Tamil Nadu. Central Electricity Authority and Power Grid officials confirmed the nomination of the Raigarh-Pulagur line covering 2,000 km and will have a capacity of 6,000 MW.
The ministry of power had put up eight transmission contracts with a total investment amount of INR 53,000 crore for global competitive bidding in September. The remaining seven projects, whose cumulative cost is less than the one awarded, will be allotted through bidding.