Subsidiary commissions 4.5GW Khavda RE transmission project

Greenfield CommissionedCapex & Operations View source PDF Explain this filing

POWERGRID · price

Loading chart…

▲ 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

+2.1%Reaction day

₹257.90

prior close

₹258.05

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.6%+1.5% vs market

Power peers, median of 35sector · industry level+0.8%+1.2% vs sector

On the reaction day the stock moved 1.5 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

+0.8

10m

+0.6

15m

+0.7

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1+0.6+1.5+0.8+1.2

Next day

+2.8+1.4+1.4+1.3+1.5

+3.4+1.5+1.9+1.5+1.9

+4.0+1.3+2.7+1.7+2.3

+2.9+1.0+1.9+1.3+1.6

+1.1+0.6+0.5+0.1+1.1

+2.4+1.4+1.1+2.2+0.3

15d

+0.4+0.1+0.3-1.6+2.0

-0.3-0.5+0.3-6.4+6.1

+13.8-0.9+14.7-3.9+17.8

+15.4-10.2+25.5-9.1+24.4

UpDownMarket · Nifty 100Sector · Power peers, median of 35Pending

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

AI summary

Power Grid's wholly owned subsidiary, POWERGRID Khavda II-B Transmission Ltd, has fully commissioned the 4.5GW renewable energy evacuation transmission scheme at Khavda PS under Phase-II, Part-B. The project was secured via tariff-based competitive bidding. Commercial operation date is effective from 13 December 2025, with DOCO notification received on 18 December 2025.

Likely market impact

Positive for revenue as the subsidiary can now bill tariffs on the commissioned transmission asset, supporting Power Grid's earnings.