Power Grid Corporation Of India Ltd.

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Power Grid Corporation declared as successful bidder to establish transmission system

Date: 18-07-2026

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 ‘Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS’ on Build, Own, Operate and Transfer (BOOT) basis. The Letter of Intent (LoI) has been received by POWERGRID on July 17, 2026.

The project comprises installation & commissioning of 2 number of Synchronous Condensers (SynCon) at Fatehgarh-II PS along with associated bays.

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