Power Grid Corporation of India Limited has informed the Exchange about POWERGRID declared as successful bidder under TBCB.
POWERGRID · price
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Awaiting price reaction for this filing.
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under Tariff Based Competitive Bidding (TBCB) for the 'Inter-Regional Strengthening between SR Grid and WR Grid' transmission project on a Build, Own, Operate and Transfer (BOOT) basis. The company received the Letter of Intent on 29th September 2025. The project involves setting up 765 kV double circuit transmission lines passing through Karnataka and Maharashtra, along with associated line bays at both ends. The development strengthens POWERGRID's transmission portfolio and supports inter-regional power transfer capacity between the Southern and Western grids.
This new project win adds to POWERGRID's order book and future revenue pipeline, reinforcing its position as the dominant player in India's inter-state transmission sector. Likely positive for investor sentiment, though no specific order value was disclosed.