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Pavan Rawat

3rd Sep · SEBI-Registered Analyst

POWERGRID Wins ₹3,244 Crore Transmission Project

POWERGRID
Power Grid Corporation of India (POWERGRID) has emerged as the successful bidder for a major inter-state transmission project valued at around **₹3,244 crore**. The project involves development of a transmission system to evacuate power from **Barmer in Rajasthan to South Kalamb in Maharashtra**, strengthening the company’s order pipeline. The latest win adds to POWERGRID’s growing portfolio of transmission infrastructure projects aimed at supporting India’s rising electricity demand and renewable-energy integration. The company has also recently acquired **100% stake in Fatehgarh II Transmission Ltd.** under the tariff-based competitive bidding route. The project win is positive for POWERGRID as it enhances its long-term growth visibility and reinforces its leadership in India’s power transmission sector. With the government accelerating renewable-energy capacity and requiring stronger transmission networks, POWERGRID is positioned to benefit from sustained investment in the country’s electricity infrastructure.

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