Power Grid wins TBCB bid for Krishnagiri REZ Phase-I transmission project

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.7%Reaction day

₹283.70

prior close

₹282.80

announcement price

After-mkt

timing

Nifty 100market-0.1%+0.7% vs market

Power peers, median of 36sector · industry level-0.5%+1.2% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty 100 and 1.2 pts more 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

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.7-0.1+0.7-0.5+1.2

Next day

+0.6-0.7+1.2-0.9+1.5

-1.1-0.5-0.6-1.1-0.0

-0.9-0.6-0.4-1.2+0.2

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+2.0+0.1+1.8-0.4+2.4

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15d

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-7.4-4.2-3.2-8.9+1.5

-12.4-5.9-6.5-12.7+0.3

UpDownMarket · Nifty 100Sector · Power peers, median of 36Pending

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

AI summary

Power Grid has been declared successful bidder under Tariff Based Competitive Bidding for the Transmission System for integration of Krishnagiri REZ Phase-I on BOOT basis. Letter of Intent received on 10 July 2026. The project involves 2 new 765/400kV substations in Andhra Pradesh and 765kV and 400kV transmission lines crossing Andhra Pradesh, Telangana, and Karnataka, aimed at renewable energy evacuation.

Likely market impact

Positive order win strengthens Power Grid's order book and reinforces its dominant position in India's interstate transmission business.