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….
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…
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…
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…
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…
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…
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…
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,…
Power Grid Corporation of India Ltd’s (POWERGRID) Committee of Directors on Investment on Projects approved two major initiatives on 26 September 2025. The first project involves setting up a Voice over Internet Protocol (VOIP) communication system for grid operations across all five regions: Northern, North Eastern, Southern, Western, and Eastern. The project is estimated at…
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder to develop the inter-state transmission project “Augmentation of transformation capacity and implementation of line bays at Mandsaur substation for renewable energy interconnection.” The project will be executed on a Build, Own, Operate, and Transfer (BOOT) basis under the tariff-based competitive bidding (TBCB)…