POWERGRID wins ₹430.67 Cr annual TBCB project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under Tariff Based Competitive Bidding (TBCB) for the "Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase-II: 5.5GW) and Jamnagar (Phase-I: 1GW) - Part-C" project. The project, awarded on a Build, Own, Operate and Transfer (BOOT) basis, has quoted Annual Transmission Charges of ₹430.67 Crore. POWERGRID received the Letter of Intent (LoI) on September 25, 2026. The scope includes establishing a new 765/400/220 kV Alephata Sub-station and constructing 765 kV and 400 kV transmission lines in Maharashtra. This marks POWERGRID's ninth TBCB project in FY 2026-27, bringing cumulative Annual Transmission Charges to ₹7,664.08 Crore.