Power Grid Corporation of India has acquired Bikaner B Power Transmission (BBPTL), the Project SPV to establish Transmission system for evacuation of power from Rajasthan REZ Ph -IV (Part-3: 6 GW) [Bikaner complex] : Part B, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator – REC Power Development and Consultancy (RECPDCL). BBPTL has been acquired by Power Grid pursuant to Power Grid emerging as the successful bidder under Tariff Based Competitive Bidding. 

The project comprises establishment of new 765/400kV Siwani 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 State of Haryana along with bays extension works for the above lines at other existing substations in the State of Rajasthan and Haryana. 

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.