Power Grid declared successful bidder for Krishnagiri REZ Phase-I transmission project
Power Grid Corporation of India Limited has been declared the successful bidder for the Krishnagiri REZ Phase-I transmission project. The company received the Letter of Intent on July 10, 2026. The project involves establishing two new 765/400kV Sub-stations in Andhra Pradesh and constructing transmission lines across Andhra Pradesh, Telangana, and Karnataka.
The project involves significant infrastructure development (new sub-stations and transmission lines) which will contribute to the company's asset base and future earnings, but the full impact will be realized over the long term as the project is executed.
The company has been declared a successful bidder for a new transmission project, indicating business expansion and potential future revenue.
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for establishing an Inter-State Transmission System for the project "Transmission System for integration of Krishnagiri REZ Phase-I". The project will be executed on a Build, Own, Operate and Transfer (BOOT) basis.
The Letter of Intent (LoI) for this project was received by POWERGRID on July 10, 2026. The scope of the project includes the establishment of two new 765/400kV Sub-stations in Andhra Pradesh. Additionally, it involves the construction of 765kV and 400kV transmission lines, along with associated bays, traversing through Andhra Pradesh, Telangana, and Karnataka.
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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 medium impact: worth reading, rarely worth acting on by itself.
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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.