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

Power Grid Corporation has been declared as the successful bidder under Tariff Based Competitive Bidding (TBCB) to establish an Inter-State Transmission System for the project 'Transmission System Strengthening at Tumkur-II for Integration of Additional RE Potential (2.7 GW)'. The Letter of Intent was received on 01st April 2026. The project involves building a 400 kV double-circuit transmission line in Karnataka along with augmentation works including ICTs and Line Bays at Tumkur-II Pooling Station. This is a Build, Own, Operate and Transfer (BOOT) basis project focused on integrating 2.7 GW of additional renewable energy potential into the grid.