Announced Sat, 27 Jun · 24:38 IST
Power Grid commissions solar transmission scheme in Andhra Pradesh (3500 MW)
POWERGRID · price
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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹284.50
prior close
₹287.00
base price
After-mkt
timing
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AI summary
Power Grid Corporation has commissioned its transmission scheme for Solar Energy Zones in Ananthpuram (2500 MW) and Kurnool (1000 MW), Andhra Pradesh, totaling 3500 MW capacity. The Commercial Operation notification was received on 25th June 2026, effective 24th June 2026. The project was originally entrusted to a wholly owned subsidiary that later merged with another PowerGrid subsidiary effective March 2026.
Likely market impact
Boosts revenue potential from solar power transmission tariffs and strengthens PowerGrid's renewable energy evacuation infrastructure.