Power Grid Corporation of India acquires project specific SPV from REC
(04 Oct 2019)
Power Grid Corporation of India pursuant to its selection as the successful bidder under Tariff based competitive
bidding, has on 03 October 2019 acquired Ajmer Phagi Transco, the Project SPV to establish Transmission system for Construction of Ajmer (PG)—Phagi 765
kV D/C line along with associated bays for Rajasthan SEZ, on build, own, Operate and
maintain (BOOM) basis from REC Transmission Projects Company (the Bid
Process Coordinator).