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Power Grid emerges as successful bidder under TBCB

05 Jan 2024 Evaluate

Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding (TBCB) to establish Inter-State Transmission System for ‘Transmission Scheme for Solar Energy Zone in Bidar (2500 MW), Karnataka’ on Build, Own, Operate and Transfer (BOOT) basis.

The Letter of Intent (LoI) has been received by Power Grid Corporation of India on January 5, 2024. The scope of the project comprises establishment of new 765/400/220 kV substation at Bidar, 765kV D/C Transmission Line and associated bays extension works at other existing substation in the states of Karnataka & Telangana.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.

Power Grid Corp Share Price

318.05 5.80 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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