MoneyWorks4Me

Power Grid Corporation emerges as successful bidder for Andhra Pradesh project

13 Jun 2026 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 Transmission system for proposed Green Hydrogen / Green Ammonia projects in Kakinada area (Phase-I) on Build, Own, Operate and Transfer (BOOT) basis.

The project comprises establishment of a new 765/400kV GIS Sub-station along with STATCOM and 765kV transmission line works in the state of Andhra Pradesh. The Letter of Intent (LoI) has been received by the company on June 12, 2026. 

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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