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Power Grid Corporation emerges as successful bidder for transmission project

17 Jun 2026 Evaluate

Power Grid Corporation of India (POWERGRID) has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the project namely ‘WR-ER Inter-Regional Network Expansion Scheme Part-A’ on Build, Own, Operate and Transfer (BOOT) basis. The Letter of Intent (LoI) has been received by POWERGRID on June 16, 2026. 

The project comprises establishment of 2 new 765/400kV Sub-stations in the states of Jharkhand and Chhattisgarh, respectively. Further, the project involves extension of existing Sub-stations in the states of Chhattisgarh and West Bengal along with construction of 765kV & 400kV transmission line traversing through the states of Jharkhand, Chhattisgarh and Odisha.

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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