Powergrid

India | Leadership | News

POWERGRID promotes twelve officials to Executive Director roles
By January 27, 2026January 27, 2026

Power Grid Corporation of India Limited (POWERGRID) has informed the stock exchanges that it has promoted twelve senior officials to the position of Executive Director, effective 25 January 2026. The promoted officials are classified as Senior Management Personnel, one level below the Board. The appointments include Abhinav Verma, Executive Director for Rajasthan Projects; Vineeta Agarwal, Chief Executive Officer of Powergrid Energy Services Limited (PESL); M S Hejib, Executive Director for Southern Region II (SR-II); Akhilesh…

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India | News | T&D

POWERGRID commissions Rajasthan renewable evacuation transmission system
By January 19, 2026January 19, 2026

POWERGRID Bhadla Sikar Transmission Limited (PBSTL), a wholly owned subsidiary of Power Grid Corporation of India Limited (POWERGRID), has commissioned the project titled “Transmission system strengthening scheme for evacuation of Power from Solar energy Zones in Rajasthan (8.1GW) under Phase II – Part E”. The Notification for Commercial Operation (DOCO) was received on January 16, 2026. The commissioning follows the recent charging of the 765 kilovolt (kV) double circuit Bhadla II–Sikar II (2nd) transmission line….

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India | News | T&D

POWERGRID charges 765 kV Bhadla II–Sikar II transmission line
By January 13, 2026January 13, 2026

Power Grid Corporation of India Limited (POWERGRID) has charged the 765 kV double circuit Bhadla II–Sikar II (2nd) transmission line, strengthening the high capacity transmission corridor for evacuation of renewable energy from Rajasthan. The charging was carried out by POWERGRID Bhadla Sikar Transmission Limited (PBSTL), a tariff based competitive bidding subsidiary of POWERGRID. Sh. G. Ravisankar, Director (Finance), and Sh. Abhinav Verma, Chief General Manager (Head, Rajasthan Projects), along with other senior officials, were present…

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India | News | Renewable Energy

POWERGRID meets 50% renewable energy usage milestone
By January 2, 2026January 2, 2026

Power Grid Corporation of India Limited (POWERGRID) has announced that 50 per cent of its operational energy requirement is now being met through renewable energy sources. The company reported this sustainability milestone in a disclosure to the stock exchanges. According to the intimation, the state-owned power transmission utility stated that it has achieved 50 per cent renewable energy usage in line with its Environmental, Social and Governance (ESG) objectives. The company highlighted that this achievement…

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India | News | Renewable Energy

POWERGRID wins 300 MWh battery storage project in Andhra Pradesh
By December 31, 2025December 31, 2025

Power Grid Corporation of India Limited (POWERGRID) has received a Letter of Award to develop a 150 MW/300 MWh standalone battery storage project in Andhra Pradesh. POWERGRID informed through a regulatory filing that it has emerged as the successful bidder under the Tariff-Based Competitive Bidding (TBCB) framework. The project is part of a wider programme for the “Selection of Battery Energy Storage Developers for setting up of cumulative capacity of 2,000 MWh (1,000 MW x…

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India | News | T&D

POWERGRID wins SR–ER transmission project
By December 16, 2025December 16, 2025

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under the tariff-based competitive bidding framework to establish the Inter-State Transmission System for the project titled “Inter Regional Strengthening between SR Grid and ER Grid.” The project will be implemented on a Build, Own, Operate and Transfer basis, and POWERGRID received the Letter of Intent on 15 December 2025. Power Finance Corporation Consulting Limited (PFCCL), the bid process coordinator for the project,…

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India | Finance | News

POWERGRID clears plan to raise Rs 3,800 crore through new bond series
By November 19, 2025November 19, 2025

Power Grid Corporation of India Limited has approved the issuance of its 83rd bond series to raise up to Rs 3,800 crore. The decision was taken by the company’s Committee of Directors for Bonds at a meeting held on November 17 2025. The fundraising will take place through unsecured, non convertible and redeemable bonds issued on a private placement basis. The base issue size is Rs 1,000 crore, and the green shoe option allows retention…

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India | Global | News | T&D

POWERGRID acquires SPV for two transmission projects
By October 22, 2025October 28, 2025

Power Grid Corporation of India Limited (POWERGRID) has expanded its interstate transmission portfolio by acquiring two special purpose vehicles (SPVs) through the tariff-based competitive bidding (TBCB) process. POWERGRID acquired Vindhyachal Varanasi Transmission Ltd (VVTL) from PFC Consulting Ltd on October 16, 2025. The SPV, incorporated on April 17, 2025, was set up for a transmission scheme to reduce the loading on the existing 765 kV Vindhyachal–Varanasi double-circuit line. The project involves building a 765 kV…

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India | News | T&D

POWERGRID acquires Mandsaur I RE Transmission project
By October 9, 2025October 28, 2025

Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Mandsaur I RE Transmission Limited (MIRETL), a special purpose vehicle for the transmission project titled “Augmentation of transformation capacity and implementation of line bays at Mandsaur substation for RE interconnection” in Madhya Pradesh. The acquisition, finalised on October 8, 2025, follows POWERGRID’s selection as the successful bidder under the Tariff Based Competitive Bidding (TBCB) process. The scheme, estimated at Rs 319 crore by…

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News | India | T&D

Powergrid wins bid for SR–WR interregional transmission project
By October 1, 2025October 28, 2025

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder to develop the “Inter-Regional Strengthening between Southern Region (SR) Grid and Western Region (WR) Grid” project under the Tariff-Based Competitive Bidding (TBCB) framework. The company received the Letter of Intent on 29 September 2025. The project will be implemented on a Build, Own, Operate and Transfer (BOOT) basis. It involves the construction of 765 kilovolt (kV) double-circuit transmission lines spanning Karnataka and…

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