Power Grid Corporation of India Limited (POWERGRID) has fully commissioned its transmission project to evacuate power from Rajasthan’s Renewable Energy Zones (REZ), with a capacity of 20 GW, under Phase-III Part-C1. The state-owned transmission utility confirmed the development in a regulatory filing dated October 11, 2026. The project, titled “Transmission System for Evacuation of Power […]
Power Grid Corporation of India Limited (POWERGRID) has informed the stock exchanges that it has fully commissioned the Transmission Scheme for Solar Energy Zone in Bidar (2500 MW), Karnataka (TBCB). The project achieved its Date of Commercial Operation (DOCO) on October 5, 2026, and the company received the notification on October 8, 2026. The project […]
POWERGRID has secured its ninth TBCB project of FY 2026-27, with annual transmission charges of ₹430.67 crore for a renewable power evacuation system. Power Grid Corporation of India Limited (POWERGRID) has emerged as the successful bidder for an Inter-State Transmission System (ISTS) project under the Tariff-Based Competitive Bidding (TBCB) process. The POWERGRID TBCB project carries […]
Power Grid Corporation of India Limited (POWERGRID) has acquired Barmer HVDC Power Transmission Limited for about ₹18.98 crore. The acquisition gives POWERGRID 100% ownership of the project special purpose vehicle (SPV). POWERGRID completed the acquisition on September 23, 2026. It emerged as the successful bidder for the project under the Tariff Based Competitive Bidding (TBCB) […]
Power Grid Transmission Project worth Rs 3,244.33 crore has been awarded to Power Grid Corporation of India Limited (PGCIL) for evacuating power from the 6 GW Barmer-II solar project in Rajasthan. PGCIL has been declared the successful bidder under the Tariff Based Competitive Bidding (TBCB) process for the inter-state transmission project. The company received the […]
POWERGRID Transmission continued to maintain high network reliability, with average transmission system availability of more than 99.81%. The company operates 292 substations and more than 1,86,889 circuit kilometres (ckm) of transmission lines across India. POWERGRID Corporation of India Limited highlighted these operational achievements during its 37th Annual General Meeting (AGM) held virtually on August 20, […]
Power Grid Corporation of India Limited (POWERGRID) has emerged as the successful bidder for a major POWERGRID transmission project in Gujarat under the Tariff Based Competitive Bidding (TBCB) process. The project will support the integration of renewable power from the Jam Khambhaliya Renewable Energy Zone (REZ) Phase II and Jamnagar Phase-I. POWERGRID received the Letter […]
Power Grid Corporation of India Limited (POWERGRID) has reported a consolidated Profit After Tax (PAT) of ₹3,598 crore for the first quarter of financial year 2026-27. The results are for the quarter ended June 30, 2026. The company reported consolidated total income of ₹11,697 crore during the quarter. Meanwhile, its standalone operations recorded a PAT […]
Power Grid Corporation of India Limited (POWERGRID), in collaboration with Africa50, has entered into a Public-Private Partnership (PPP) Project Agreement to develop crucial transmission infrastructure in Kenya, specifically the 400 kV Lessos–Loosuk and 220 kV Kisumu–Kakamega–Musaga systems, with a 30-year concession period. The signing involved key figures from POWERGRID and senior Kenyan officials and represents […]
