Power Grid Corporation of India has been declared as the successful bidder under tariff-based competitive bidding (TBCB) to establish an inter-state transmission system at Khavda pooling station in Gujarat.
The project comprises installation of STATCOMs at Khavda Pooling Station 1 (KPS1) and Khavda Pooling Station 3 (KPS3) along with associated bays extension work.
The letter of intent (LoI) has been received on 23 September, 2024 for the provision of Dynamic Reactive Compensation at KPS1 and KPS3 on build, own, operate and transfer (BOOT) basis.