POWERGRIDNSEPower Grid Corporation of India Limited· PowerHighPositive
Announced Fri, 11 Jul · 18:52 IST

Power Grid Corporation of India Limited has informed the Exchange about POWERGRID ER NER 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's wholly owned subsidiary, POWERGRID ER NER Transmission Limited, has successfully commissioned its Inter-State Transmission System project titled 'System Strengthening Scheme for Eastern and North Eastern Regions'. The project was secured through Tariff Based Competitive Bidding (TBCB). The project is fully commissioned effective 3rd July 2025, and the Declaration of Commercial Operation (DOCO) notification was received on 11th July 2025. No specific financial details or capex value were disclosed in the filing.

Likely market impact

Positive for the company as the commissioned transmission asset is now revenue-generating, contributing to Power Grid's growing TBCB portfolio. The addition strengthens the Eastern and North Eastern power grid, supporting the company's core transmission business.