Amit Bhargav

Built World

Present at the SPV handover ceremony

Power Grid Corporation of India now owns all of Lakadia II Power Transmission Limited, the company building a 7,500-megawatt transmission link for Gujarat's Lakadia renewable energy zone. The state-run utility paid about Rs 18.43 crore for the project company, and its winning bid set annual transmission charges at Rs 1,152.49 crore, pending approval by the Central Electricity Regulatory Commission.

Updated Oct 29