Power Grid Corporation of India Limited (POWERGRID) - a Maharatna CPSU under Ministry of Power has acquired two Project Special Purpose Vehicles (SPVs) viz. Rajasthan IV C Power Transmission Ltd and Rajasthan IV E Power Transmission Ltd on 19th August 2024 for the Transmission System Projects for evacuation of power from Rajasthan REZ Phase IV (Part 2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part C and Part E respectively after competing with various private sector players and emerging as successful bidder in Tariff Based Competitive Bidding (TBCB) process.
