POWERGRID has successfully commissioned the project.
Awaiting price reaction for this filing.
POWERGRID has successfully commissioned its 'Transmission Network Expansion in Gujarat to increase ATC from ISTS, Part-C' project, which began commercial operation from 3rd April 2025. The Declaration of Commercial Operation (DOCO) was officially received on 5th June 2025. The project is aimed at expanding the transmission network in Gujarat to increase the Available Transfer Capacity (ATC) from the Inter-State Transmission System (ISTS). The disclosure was made under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Positive for shareholders — the commissioning adds a new revenue-generating asset to POWERGRID's transmission portfolio and supports its regulated income base. Expansion of ISTS transfer capacity in Gujarat strengthens the company's role in the national grid and may support long-term growth.