POWERGRID wins WR-ER transmission expansion project under TBCB

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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 reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹285.15

prior close

₹286.20

announcement price

After-mkt

timing

Nifty 100market+0.4%-0.1% vs market

Power peers, median of 36sector · industry level-0.3%+0.6% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty 100 and 0.6 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

-0.5

10m

-0.5

15m

-0.4

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.4-0.1-0.3+0.6

Next day

+1.4+0.8+0.6+0.5+0.9

+2.6+0.2+2.4+0.3+2.3

+1.7+0.7+1.0+1.2+0.6

+2.6-0.5+3.1-0.3+2.9

+2.0+0.2+1.8-0.6+2.5

+0.5-0.2+0.8-0.8+1.3

15d

-1.4-0.2-1.2-3.2+1.8

-0.7+1.2-1.9-5.9+5.1

-6.7+1.7-8.4-5.7-1.0

-7.1-2.6-4.5-10.6+3.5

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 Corporation has been declared successful bidder under Tariff Based Competitive Bidding for the WR-ER Inter-Regional Network Expansion Scheme Part-A on Build, Own, Operate and Transfer basis. The project includes 2 new 765/400kV substations in Jharkhand and Chhattisgarh, extension of existing substations in Chhattisgarh and West Bengal, and 765kV and 400kV transmission lines through Jharkhand, Chhattisgarh and Odisha. Letter of Intent received on 16 June 2026.

Likely market impact

Positive for order book; reinforces POWERGRID's dominant position in inter-state transmission build-out.