POWERGRIDBSEPOWER GRID CORP. LTD.· PowerHighPositive
Announced Fri, 23 Oct, 2026 · 17:01 IST

Karnataka renewable transmission project fully commissioned

Greenfield CommissionedCapex & Operations View source PDFExplain this filing

POWERGRID · price

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Price reactionminutes from the announcement price · days from the prior close
-0.2%Reaction day
₹247.40
prior close
₹247.30
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Nifty 100market+0.7%-0.9% vs market
Power peers, median of 37sector · industry level+0.3%-0.5% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty 100 and 0.5 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

POWERGRID announced that its transmission scheme integrating the Phase-II Renewable Energy Zone in Koppal-II, Phases A and B, and Gadag-II, Phase A, in Karnataka was fully commissioned on 23 October 2026. Commercial operation notification was received the same day. The project was assigned to POWERGRID Koppal Gadag Transmission Ltd, amalgamated into POWERGRID Khavda II-C Transmission Ltd effective 1 March 2026.

Likely market impact

The project is now operational, adding completed transmission capacity and supporting future revenue from renewable-energy connectivity.