Power Grid Corporation Of India Ltd.

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Large Cap | Power Generation/Distribution
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Power Grid Corporation emerges as successful bidder for Karnataka project

Date: 09-01-2026

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 strengthening for integration of additional RE potential at Davanagere (0.25 GW) and Bellary (2.75 GW)’ on Build, Own, Operate and Transfer (BOOT) basis. 

The project comprises 400 kV D/c Transmission Line traversing in the state of Karnataka along with associated line bays works at both ends and augmentation works (ICTs and Line Bays) at both Davangere and Bellary Pooling Stations.

The Letter of Intent (LoI) dated January 07, 2026, has been received by the company on January 08, 2026.

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