New Launch11 Feb 2026, 10:56 pm
POWERGRID Declared Successful Bidder Under Tariff Based Competitive Bidding
AI Summary
Power Grid Corporation of India Ltd (POWERGRID) has been declared as the successful bidder under Tariff Based Competitive Bidding (TBCB) for the project 'Network Expansion scheme in Maharashtra for removal of Transmission constrains in Pune Region-l (765/400 kV AIS Pune East)'. The project, to be established on a Build, Own, Operate and Transfer (BOOT) basis, includes the establishment of an AIS Substation in Ahilyanagar District, 765kV and 400kV transmission lines in Maharashtra, and bay extension works at existing Sub-Stations in the state. The Letter of Intent (LoI) was received by POWERGRID on 11th February, 2026.
Key Highlights
- POWERGRID declared as successful bidder under TBCB
- Project named 'Network Expansion scheme in Maharashtra for removal of Transmission constrains in Pune Region-l (765/400 kV AIS Pune East)'
- Project to be established on a Build, Own, Operate and Transfer (BOOT) basis
- Includes establishment of an AIS Substation, 765kV and 400kV transmission lines, and bay extension works in Maharashtra
- Letter of Intent (LoI) received by POWERGRID on 11th February, 2026