Power Grid declared successful bidder for Tumkur-II Transmission System project.
POWERGRID has been declared the successful bidder for the "Transmission System Strengthening at Tumkur-II" project on a BOOT basis. The company received the Letter of Intent on April 1, 2026. The project involves a 400 kV D/c Transmission Line in Karnataka and augmentation works at Tumkur-II.
The award of a new transmission project is significant for the company's growth and future revenue streams, but the exact financial value and impact on overall operations are not yet detailed.
The company has been declared a successful bidder for a new transmission system project, which is a positive development indicating business growth and expansion.
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under Tariff Based Competitive Bidding (TBCB) for the establishment of an Inter-State Transmission System. The project, named "Transmission System Strengthening at Tumkur-II for Integration of Additional RE Potential (2.7 GW)", will be executed on a Build, Own, Operate and Transfer (BOOT) basis.
POWERGRID received the Letter of Intent (LoI) for this project on 01st April, 2026. The LoI was dated 30th March, 2026. The scope of the project includes the construction of a 400 kV Double Circuit Transmission Line in Karnataka, along with augmentation works such as the installation of Interconnecting Transformers (ICTs) and Line Bays at the Tumkur-II Pooling Station.
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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.