Power Grid Corporation of India Limited announced that it has been declared as the successful bidder under Tariff based competitive bidding to establish Inter-State transmission system for the project namely Transmission system for evacuation of power from Rajasthan REZ Ph -IV (Part-3: 6 GW) [Bikaner complex]: Part A on build, own, operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Power Grid Corporation of India Limited on 21 October 2024. The project comprises establishment of new 765/400/220kV Bikaner IV Pooling sub- station along with STATCOM and other equipment, 765kV D/C Transmission Line traversing in the States of Rajasthan and Haryana, various 400kV D/C Transmission Lines traversing through the States of Rajasthan, Punjab and Haryana along with bays extension works for the above lines at other existing substations in the State of Haryana and Punjab.