Power Grid Corporation of India (PGCIL) has acquired Medinipur - Jeerat Transmission, the Project SPV to establish Transmission System for 765kV Strengthening in Eastern Region (ERSS-XVIII), on build, own, operate and maintain (BOOM) basis from PFC Consulting (the Bid Process Coordinator).
The transmission system includes establishment of 765kV and 400kV Transmission lines including establishment of two new 765/400kV Substations. The transmission system is to be progressively constructed over a period of 40 months.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.