A record-high Rs. 75,408 crore worth of power transmission projects has been approved by the Centre to be offered under the bidding route, making it the largest tranche under tariff-based competitive bidding (TBCB).
Last month, the National Committee on Transmission (NCT) convened with a draft agenda of projects worth Rs. 64,000 crore.
However, the approved list of projects has seen an upward revision to Rs. 76,201, of which three projects of Rs. 793 crore are to be built by state-owned Power Grid Corporation of India Limited (PGCIL) under the regulated tariff mechanism. At its recent meeting, the NCT, under the aegis of the Ministry of Power, approved these power transmission projects connecting renewable energy zones (REZs) in Gujarat, Rajasthan, and Maharashtra