StockWatch
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Power - Transmission
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.