Power Grid Corporation of India Limited (POWERGRID) has emerged as the successful bidder for a transmission project in Maharashtra under the Tariff Based Competitive Bidding (TBCB) route. The company quoted annual transmission charges of ₹199.55 crore for the project.
POWERGRID received the Letter of Intent (LoI) on October 16, 2026, according to its regulatory filing with the stock exchanges.
Maharashtra Transmission Project to Strengthen Grid Infrastructure
Titled “Establishment of 765kV GIS Pune West”, the project will be developed on a Build, Own, Operate and Transfer (BOOT) basis. It aims to establish an intra-state transmission system in Maharashtra.
The project involves setting up a new 765/400 kV gas-insulated switchgear (GIS) substation at Pune West in Pune district. It also includes the construction of 765kV and 400kV transmission lines across Maharashtra, along with the associated bays.
POWERGRID Secures 10 TBCB Projects in FY 2026–27
With this latest win, POWERGRID has secured 10 transmission system projects under the TBCB route so far in the financial year 2026–27. The cumulative annual transmission charges for these projects stand at ₹7,863.63 crore.
The latest project adds to POWERGRID’s portfolio of competitively bid transmission infrastructure projects in India.
