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Power Grid Corporation acquires Tumkur II RE Transmission

30 May 2026 Evaluate

Power Grid Corporation of India has acquired Tumkur II RE Transmission (TRETL), the Project SPV to establish ‘Transmission System Strengthening at Tumkur-II for Integration of Additional RE Potential (2.7 GW)’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting (PFCCL).

TRETL has been acquired by the company pursuant to the company emerging as the successful bidder under Tariff Based Competitive Bidding. The project comprises 400 kV D/c Transmission Line traversing in the state of Karnataka along with augmentation works (ICTs and Line Bays) at Tumkur-II Pooling Station.

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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