Power Grid declared successful bidder for ₹3,244.33 Cr Rajasthan transmission project
Power Grid Corporation of India Limited has been declared the successful bidder for a transmission system project in Rajasthan. The project involves establishing a 6000 MW HVDC system on a BOOT basis. The quoted annual transmission charges amount to ₹3,244.33 Crore. The Letter of Intent was received on September 2, 2026.
This is a major project award that will contribute significantly to the company's infrastructure development and future earnings.
The company has been declared a successful bidder for a significant transmission project, indicating business expansion and future revenue streams.
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under the Tariff Based Competitive Bidding (TBCB) process for establishing an Inter-State Transmission System. The project, named “Transmission system for evacuation of power from Rajasthan REZ Ph -IV (Part -5: 6 GW) [Barmer Complex] Barmer -II: 6 GW (Solar) (LCC Configuration)”, will be developed on a Build, Own, Operate and Transfer (BOOT) basis.
POWERGRID received the Letter of Intent (LoI) on September 2, 2026, with a quoted annual transmission charge of ₹3,244.33 Crore. The scope of the project includes the establishment of 6000 MW, ± 800 kV HVDC terminals at Barmer-II (Rajasthan) and South Kalamb S/s (Maharashtra), along with the augmentation of South Kalamb S/s. It also involves the construction of a ± 800 kV HVDC bipole line of approximately 1000 km between Barmer-II and South Kalamb, passing through Rajasthan, Gujarat, and Maharashtra. Additionally, the project entails building 400 kV transmission lines and associated bays in Rajasthan, and the installation of two Synchronous Condenser (Syn Con) units at Barmer-II PS with associated bays.
A plain-language summary of a public exchange filing by Power Grid Corporation of India Limited. Read the original for the full detail.