Evecon and PowerGrid Enter Joint Venture for Transmission Line Project
Evecon and PowerGrid formed a joint venture to develop a new high-voltage transmission line in Canada. The project will improve grid reliability and facilitate the integration of renewable energy sources.
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The project will be executed on a Build, Own, Operate, and Transfer (BOOT) basis. Quote: The project will be executed on a Build, Own, Operate, and Transfer (BOOT) basis.
"Power Grid Corporation of India Limited ( POWERGRID ), a Central Public Sector Enterprise under the Ministry of Power, has emerged as the winning bidder for a major Inter-State Transmission System ( ISTS ) project through a tariff-based competitive bidding process."
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