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Power Grid emerges as successful bidder for Vindhyachal-Varanasi Transmission Project

17 Sep 2025 Evaluate

Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the project namely ‘Inter-regional (NR-WR) Transmission System strengthening to relieve the loading of 765 kV Vindhyachal-Varanasi D/c line’ on Build, Own, Operate and Transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Power Grid on September 16, 2025.

The project comprises establishment of new 765 kV Sub-Station at Prayagraj in the state of Uttar Pradesh. The project also comprises 765 kV D/c Transmission Lines traversing in the states of Uttar Pradesh & Madhya Pradesh. 

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


Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
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