IndiGrid consortium lowest bidder for Rs 170 crore transmission project
A consortium of Infrastructure investment trust NSE 2.38 % IndiGrid’s arms has emerged as the lowest bidder for a power transmission project worth Rs 170 crore in tariff-based bidding. “Consortium of IndiGrid 1 Ltd and IndiGrid 2 Ltd (wholly-owned subsidiaries of India Grid Trust) participated in the tariff-based competitive bidding to establish ‘Transmission system for evacuation of power from Renewable (RE) Projects in Osmanabad area (1 GW) in Maharashtra’ on build, own, operate and maintain (BOOM) basis by REC Power Development and Consultancy Ltd,” a BSE filing said.
