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Power Grid Corporation emerges as successful bidder for Andhra Pradesh project

31 Dec 2025 Evaluate

Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish the project namely ‘Selection of Battery Energy Storage Developers for setting up of cumulative capacity of 2,000 MWh (1,000 MW x 2 hrs) Standalone Battery Energy Storage System in the Selected Sub-Stations of APTRANSCO, Andhra Pradesh for 'on Demand' usage under Tariff-Based Competitive Bidding with Viability Gap Funding supported through PSDF, under the Build-Own-Operate (BOO) Model-Battery Energy Storage System Project at 400/220kV SS Kalikiri in Chittoor District for a Capacity of 150 MW/300MWh’.

The Letter of Award (LoA) has been received by the company on December 29, 2025.

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

Power Grid Corp Share Price

316.25 -2.00 (-0.63%)
04-May-2026 09:09 View Price Chart
Peers
Company Name CMP
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Tata Power 444.60
Adani Power 222.55
Power Grid Corp 316.25
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