POWER GRID CORPORATION OF INDIA LTD.

Power Grid Corporation of India Ltd announced that its Board of Directors has approved the raising of funds through an Unsecured Rupee Term Loan or Line of Credit from the State Bank of India. The facility is for an amount of up to ₹10,000 Crore. The board meeting took place on September 26, 2026, commencing at 12:15 P.M. and concluding at 1:30 P.M.

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.

Power Grid Corporation of India Ltd has announced the closure of its trading window. This closure will be effective from September 30th, 2026, and will remain in effect until 48 hours after the declaration of the company's financial results for the quarter and half-year ending September 30th, 2026. This measure is standard practice to prevent insider trading during the sensitive period leading up to and immediately following the announcement of financial performance.

Power Grid Corporation of India Limited has acquired Barmer HVDC Power Transmission Limited, the project SPV for an inter-state transmission system, for approximately ₹18.98 Crore. The acquisition was made under the Tariff Based Competitive Bidding (TBCB) route. The project involves establishing ±800 kV HVDC terminals and a bipole line of approximately 1000 km, traversing Rajasthan, Gujarat, and Maharashtra. This acquisition aligns with Power Grid's business of power transmission and is expected to enhance its network capacity.

Power Grid Corporation of India Ltd has announced that its Board of Directors will convene on September 26, 2026. The primary agenda item for this meeting is to consider and approve a proposal for raising funds through an Unsecured Rupee Term Loan or Line of Credit (Bank Facility). This move is in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and signals the company's intent to secure additional debt financing for its operational or expansion needs.

Power Grid Corporation of India Ltd announced its 'Committee of Directors for Bonds' has approved the raising of funds up to Rs. 5,000 Crore through the issuance of 'Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds - LXXXIV (84th) Issue 2026-27' on Private Placement. The bonds will have a tenure of 10 years from the Deemed Date of Allotment, with annual redemption payments starting from the end of the 4th year. The base issue size is Rs. 1,000 Crore with a Green Shoe Option of Rs. 4,000 Crore. The bonds are proposed to be listed on BSE and NSE. The coupon/interest rate will be decided after bidding on the Electronic Book Provider (EBP) Platform.

Power Grid Corporation of India Ltd has announced that its Board of Directors will convene on September 18, 2026. A key agenda item for this meeting will be the consideration and approval of issuing Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable Bonds. This issuance will be conducted through private placement and is designated as "POWERGRID Bond - LXXXIV (84th) Issue". The meeting is being held in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Power Grid Corporation of India Ltd has announced the appointment of joint statutory auditors for the Financial Year 2026-27, as conveyed by the Comptroller & Auditor General of India (C&AG). The appointment is made in accordance with Section 139 of the Companies Act, 2013. The C&AG has appointed four firms: A S A & Associates LLP, B N C A & Co., Jain Paras Bilala & Co., and K C Mehta & Co. LLP. These auditors will also be responsible for the consolidated financial statements. The company is requested to regulate auditor remuneration as per Section 142 of the Companies Act, 2013, and relevant guidelines. Information regarding audit fees and other payments for FY 2025-2026 is required to be intimated to the C&AG's office.

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for establishing an Inter-State Transmission System for integrating power from RE Projects in Lakadia REZ, Gujarat. The project, to be executed on a Build, Own, Operate and Transfer (BOOT) basis, has an annual transmission charge of ₹1,152.49 Crore. The scope includes establishing a new 765/400kV sub-station, constructing 765kV transmission lines, and installing a synchronous condenser in Gujarat. The Letter of Intent was received on September 3rd, 2026.

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for the "Transmission system for evacuation of power from Rajasthan REZ Ph-IV (Part-5: 6 GW) [Barmer Complex] Barmer-II: 6 GW (Solar) (LCC Configuration)" project. The project, to be executed on a Build, Own, Operate and Transfer (BOOT) basis, involves an annual transmission charge of ₹3,244.33 Crore. The scope includes establishing ±800 kV HVDC terminals at Barmer-II (Rajasthan) and South Kalamb S/s (Maharashtra), a 1000 km HVDC bipole line, and associated 400kV transmission lines and bays. This significant win underscores POWERGRID's role in strengthening India's renewable energy evacuation infrastructure.