The government has decided to give one of the two-mega transmission projects, which were planned to be put up for international competitive bidding, to Power Grid Corporation of India. The Rs 4,200 crore transmission project to evacuate power from Maithon-Bokaro was needed urgently in view of the 2010 Commonwealth Games, being hosted by Delhi.
The Maithon-Bokaro mega transmission project was to be put up on tariff-based competitive bidding along with the Rs 1,800 crore Eastern-Northern interconnection system, by the Power Finance Corporation (PFC). These two projects are part of the 14 transmission links identified by the government for tariff-based competitive bidding on the lines of ultra mega power projects. PFC and Rural Electrification Corporation (REC) are the nodal agencies for these projects. This project is expected to set up an evacuation system for wheeling power from the 1,000-Mw Maithon, 1,000-Mw Kodarma, 1,000-Mw Mejia and 500-Mw Bokaro power plants in Jharkhand and West Bengal. The total length of the grid lines is expected to be around 1,500 circuit-kilometers. The Eastern-Northern interconnection system involves putting up interconnection links for exporting of surplus power from the northeastern and eastern regions to the northern region. The target date of completion for this is 2010-2011.
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