Power Grid Corporation of India Limited has informed the Exchange about POWERGRID declared as successful bidder under TBCB.

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POWERGRID · price

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Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹280.40

prior close

₹281.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.8%-0.5% vs market

Power peers, median of 35sector · industry level+0.6%-0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty 100 and 0.2 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.3+0.8-0.5+0.6-0.2

Next day

+2.9+1.1+1.9+1.5+1.4

+2.3+1.8+0.5+0.6+1.7

+3.3+1.9+1.4+0.0+3.3

+1.6+1.5+0.1-0.2+1.9

+1.9+2.1-0.2+0.3+1.6

+2.2+2.3-0.0+0.5+1.8

15d

+3.0+4.4-1.4-0.0+3.0

+2.7+4.5-1.8-0.4+3.1

-3.7+5.6-9.4-6.6+2.9

-4.6+5.6-10.2-6.7+2.2

UpDownMarket · Nifty 100Sector · Power peers, median of 35Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.