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Power Grid Corporation acquires NES Pune East New Transmission

13 Mar 2026 Evaluate

Power Grid Corporation has acquired NES Pune East New Transmission (NPENTL), the Project SPV to establish Network Expansion scheme in Maharashtra for removal of Transmission constrains in Pune Region-I (765/400 kV AIS Pune East), on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator-PFC Consulting (PFCCL).

NPENTL has been acquired by Power Grid pursuant to Power Grid emerging as the successful bidder under Tariff Based Competitive Bidding. NPENTL is engaged in the business as that of Power Grid i.e. transmission of power.  

The project comprises establishment of an AIS Substation in Ahilyanagar District, 765kV and 400kV transmission lines traversing in the state of Maharashtra and bay extension works at existing Sub-Stations in the state of Maharashtra.

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


Power Grid Corp Share Price

300.30 -2.30 (-0.76%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Power Grid Corp 300.30
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