Power Grid declared successful bidder for Gujarat RE transmission project worth ₹822.91 crore/annum.
Power Grid Corporation of India Limited has been declared the successful bidder for a transmission system project in Gujarat, integrating power from RE projects. The project, to be built on a BOOT basis, has a discovered tariff of ₹822.91 crore per annum. POWERGRID received the LoI on August 21, 2026.
The project involves a substantial annual tariff of over ₹800 crore, which will contribute significantly to the company's revenue and operational scale. It also signifies a win in a competitive bidding process.
The company has been declared a successful bidder for a significant transmission project, indicating business expansion and revenue generation potential.
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for establishing an Inter-State Transmission System project in Gujarat. The project, named "Transmission system for Integration of Power from RE Projects in Jam Khambhaliya REZ in Gujarat - Phase II (5500MW) and Jamnagar Phase -I (1000 MW)", will be developed on a Build, Own, Operate and Transfer (BOOT) basis. The discovered tariff for this project is ₹822.91 crore per annum. POWERGRID received the Letter of Intent (LoI) for this project on 21st August, 2026.
The scope of work includes establishing a new GIS substation at Kalyanpur, Gujarat, along with ICT augmentation and bay extension at under-construction substations within the state. Additionally, it involves the construction of 765 kV transmission lines traversing Gujarat.
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Power Grid Corporation of India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Power Grid Corporation of India Limited. Read the original for the full detail.