-2.15 (-0.82%) 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 ‘Inter-Regional Strengthening between SR Grid and ER Grid’ on build, own, operate and transfer (BOOT) basis.
In this regard, the company has received Letter of Intent (LoI) on December 15, 2025. The project comprises 765 kV D/c transmission lines traversing in the states of Odisha & Andhra Pradesh along with associated line bays and reactors works at both ends.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.