In tariff-based bidding, a consortium of Infrastructure Investment Trust IndiGrid’s subsidiaries emerged as the lowest bidder for a power transmission project for Rs 170 crore.
A BSE filing said,’Consortium of IndiGrid 1 Ltd and IndiGrid 2 Ltd (wholly-owned subsidiaries of India Grid Trust) participated in the tariff-based competitive bidding to establish Transmission system for evacuation of power from Renewable (RE) Projects in Osmanabad area (1 GW) in Maharashtra’ on build, own, operate and maintain (BOOM) basis by REC Power Development and Consultancy Ltd.’
