
Business Update11 Nov 2026, 10:10 pm
PowerGrid wins ₹243.34 Cr Transmission Project in Karnataka
AI Summary
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an intra-state transmission system project in Karnataka under the Tariff Based Competitive Bidding (TBCB) mechanism. The project involves establishing a 3x500MVA, 400/220kV sub-station at Humnabad in Bidar District and associated transmission lines on a Build, Own, Operate, and Transfer (BOOT) basis. POWERGRID secured this project with quoted Annual Transmission Charges of ₹243.34 Crore. This marks the eleventh TBCB project secured by POWERGRID in FY 2026-27, bringing the cumulative Annual Transmission Charges to ₹8,106.97 Crore.
Key Highlights
- POWERGRID wins new transmission project in Karnataka via TBCB.
- Project includes a 400/220kV sub-station and transmission lines.
- Annual Transmission Charges quoted at ₹243.34 Crore.
- Eleventh TBCB project secured in FY 2026-27.
- Cumulative Annual Transmission Charges now ₹8,106.97 Crore.
Price Impact
More from POWERGRID