Deals21 Aug 2026, 09:30 pm
Power Grid wins ₹822.91 Cr transmission project in Gujarat
AI Summary
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for a significant transmission system project in Gujarat. The project, aimed at integrating power from RE projects in Jam Khambhaliya REZ and Jamnagar, will be executed on a Build, Own, Operate and Transfer (BOOT) basis. POWERGRID secured this project at a discovered tariff of ₹822.91 crore per annum. The scope includes establishing a new GIS substation at Kalyanpur, ICT augmentation, bay extension works, and constructing 765 kV transmission lines across Gujarat. The Letter of Intent was received on August 21, 2026.
Key Highlights
- POWERGRID declared successful bidder for Gujarat transmission project.
- Project secured on Build, Own, Operate and Transfer (BOOT) basis.
- Annual tariff discovered at ₹822.91 crore.
- Involves substation and transmission line construction in Gujarat.
- Letter of Intent received on August 21, 2026.
Price Impact
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