PGCIL wins Krishnagiri REZ Phase-I transmission project
Power Grid Corporation of India Limited (PGCIL) has emerged as the successful bidder under the Tariff-Based Competitive Bidding (TBCB) process for the “Transmission System for integration of Krishnagiri REZ Phase-I”. The company received the Letter of Intent (LoI) on July 10, 2026, according to a regulatory filing.
The interstate transmission project will be implemented on a Build, Own, Operate and Transfer (BOOT) basis and is scheduled for completion within 30 months from the effective date.
The project involves the development of two new 765/400 kV substations in Andhra Pradesh, along with 765 kV and 400 kV transmission lines passing through Andhra Pradesh, Telangana and Karnataka. The scope also includes associated transmission bays.
According to the Request for Proposal (RFP) issued by PFC Consulting Limited (PFCCL), the project includes the establishment of new 765/400/220 kV pooling stations at Krishnagiri and Sagar. It also covers associated substation equipment and Static Synchronous Compensator (STATCOM) systems to support grid stability.
The transmission system has been planned to evacuate renewable energy generated from the Krishnagiri Renewable Energy Zone (REZ), one of the key renewable energy development areas in southern India.
The project will be executed under the BOOT model, under which PGCIL will develop, own and operate the transmission assets for the concession period before transferring them to the designated beneficiary in accordance with the project agreement.
The award further strengthens PGCIL’s portfolio of interstate transmission projects secured through the TBCB route.
The latest award comes a day after PGCIL secured another interstate transmission project under the TBCB mechanism. On July 9, 2026, the company received the LoI for the “Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG)” transmission project.
The back-to-back project wins reinforce PGCIL’s position as a leading developer of interstate transmission infrastructure supporting the integration of renewable energy into the national grid.
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