Power Grid Corporation of India Limited (Powergrid) has acquired Khavda IV-E2 Power Transmission Limited, a special purpose vehicle (SPV) for the transmission system for evacuation of power from potential renewable energy zone (REZ) in Khavda area of Gujarat under (Phase-IV (7 GW): Part E2).
REC Power Distribution Company Limited has been appointed as the bid process coordinator for selection of transmission service providers through tariff-based competitive bidding process on build, own, operate and transfer basis.