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Power Grid Corporation acquires Chitradurga Bellary REZ Transmission

24 Mar 2025 Evaluate

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired Chitradurga Bellary REZ Transmission, the Project SPV (special purpose vehicle) to establish Transmission Scheme for integration of Davanagere / Chitradurga REZ and Bellary REZ in Karnataka, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting (PFCCL)(Power Finance Corporation Consulting).

The project comprises establishment of new 765 / 400 / 220kV Pooling SubStation near Davangere / Chitradurga and a new 400 /220kV Pooling SubStation near Bellary along with 765kV & 400kV D/C Transmission Lines and upgradation works for existing sub-station and transmission line. The entire scope of works is situated in the state of Karnataka.

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


Power Grid Corp Share Price

313.90 0.00 (0.00%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 402.20
Tata Power 436.00
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Power Grid Corp 313.90
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