POWERGRIDBSEPower Grid Corporation of India LtdHighPositive
Announced Thu, 9 Jul · 17:29 IST

POWERGRID wins TBCB bid for inter-state transmission system project

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POWERGRID · price

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

Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹281.20
prior close
₹283.10
base price
After-mkt
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-0.2-0.3-0.2-0.2+1.6+1.5-0.2-0.1+0.7+1.8
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AI summary

Power Grid Corporation has been declared successful bidder under Tariff Based Competitive Bidding (TBCB) to establish an Inter-State Transmission System. The project, named Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG), will be executed on Build, Own, Operate and Transfer basis. It involves augmentation and bay extension works at three substations at Bhadla-III in Rajasthan, Ramgarh in Rajasthan, and Kanpur in Uttar Pradesh. Power Grid received the Letter of Intent on 09th July 2026.

Likely market impact

Positive: new TBCB transmission project win strengthens order book and supports steady long-term regulated revenue for the company.