GR Infraprojects has received a letter of intent (LoI) for a transmission system contract worth Rs 367 crore.
In an exchange filing, the company announced the LoI for “Transmission system for Evacuation of Power from RE Projects in Rajgarh (1500 MW) SEZ Phase III and Neemuch (1000 MW) SEZ Phase II” in Madhya Pradesh, awarded through a tariff-based competitive bidding process (TBCB).
The scope includes a 2x500 MVA, 400/220 kV substation at Handiya, augmentation of 400/220 kV ICTs, installation of reactors, and multiple 220 kV and 400 kV line bays for renewable energy interconnection.