Highlights Public Sector Unit News

₹430.67 Crore TBCB Project: POWERGRID Wins Ninth FY27 Award

  • September 29, 2026
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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 […]

Highlights Public Sector Unit News

RECPDCL Hands Over Barmer and Sakoli SPVs

  • September 25, 2026
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REC Power Development and Consultancy Limited (RECPDCL) has handed over two power transmission project Special Purpose Vehicles (SPVs) to the successful bidders under the Tariff-Based Competitive Bidding (TBCB) process. The handovers took place on September 23, 2026. Barmer HVDC Power Transmission Limited was handed over to Power Grid Corporation of India Limited (PGCIL). Sakoli Power […]

Highlights Public Sector Unit News

Barmer HVDC: POWERGRID Acquires 100% SPV

  • September 24, 2026
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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) […]

Highlights Public Sector Unit News

POWERGRID Transmission Project to Strengthen Gujarat Renewable Energy Grid

  • August 22, 2026
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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 […]