Power Grid Corporation of India Limited has informed the Exchange about POWERGRID Khavda II-B Transmission Limited has successfully commissioned the Project.
POWERGRID · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Power Grid Corporation's wholly-owned subsidiary, POWERGRID Khavda II-B Transmission Limited, has successfully commissioned its transmission project. The Khavda II-B project is part of the transmission infrastructure being built to evacuate power from the mega renewable energy park in Khavda, Gujarat. With this commissioning, the subsidiary can now begin earning transmission charges under its tariff-based competitive bidding route. The full financial impact will depend on the approved tariff and revenue from the transmission system.
Positive for shareholders — commissioning adds a new revenue-generating asset to Power Grid's portfolio, strengthening its position as the country's largest transmission operator and supporting long-term earnings growth.