Daily New Wrap-Up: POWERGRID Wins RECPDCL’s 765 kV ISTS Auction
Public and private sector banks offer financing options tailored for renewable projects
October 3, 2025
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Power Grid Corporation of India (POWERGRID) received a letter of intent from REC Power Development and Consultancy (RECPDCL) to establish a 765 kV interstate transmission system between Parli New, Maharashtra, and Bidar, Karnataka, on a build, own, operate, and transfer basis. The Parli New–Bidar double circuit transmission line will include the construction of two 765 kV line bays at each end, as well as the Parli New and Bidar pooling stations (PS). The line will also include 765 kV, 240 MVAr static line reactors at the Bidar PS, comprising six 80 MVAr switchable units.
