POWERGRIDNSEPower Grid Corporation of India Limited· PowerMediumPositive
Announced Mon, 18 Aug · 22:23 IST

Power Grid Corporation of India Limited has informed the Exchange about POWERGRID KPS3 TRANSMISSION LIMITED has successfully commissioned the Project.

Greenfield CommissionedCapex & Operations View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Power Grid Corporation of India has informed the exchanges that its wholly owned subsidiary, POWERGRID KPS3 Transmission Limited, has fully commissioned its Inter-State Transmission System project for the 'Establishment of Khavda Pooling Station-3 (KPS3) in Khavda RE park.' The project was awarded through Tariff Based Competitive Bidding (TBCB). The asset has been completely commissioned effective 4th August 2025, and the Notification for Commercial Operation (DOCO) was received on 18th August 2025. This KPS3 pooling station is part of the broader Khavda renewable energy park infrastructure, which will help evacuate power from upcoming solar and wind projects in Gujarat.

Likely market impact

Positive for shareholders — the newly commissioned transmission asset will start earning tariff-based revenue, strengthening PowerGrid's regulated income base and supporting India's renewable energy evacuation infrastructure. No material financial figures or capex details were disclosed in this announcement.