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POWERGRID declared as successful bidder under TBCB

Posted On: 2025-03-06 22:28:49 (Time Zone: IST)


Power Grid Corporation of India Limited ("POWERGRID") has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State transmission system for the project namely "Transmission System Strengthening at Kurnool-III PS for Integration of Additional RE Generation Projects" on build, own, operate and transfer (BOOT) basis. The Letter of Intent (LoI) has been received by POWERGRID on 06th March 2025.

The project comprises augmentation of transformation capacity at existing Kurnool-III substation and extension works at existing C'peta substation along with 765kV D/C Transmission Line. The entire scope of project is in the State of Andhra Pradesh.

Shares of Power Grid Corporation of India Limited was last trading in BSE at Rs. 266.45 as compared to the previous close of Rs. 264.90. The total number of shares traded during the day was 288577 in over 5812 trades.

The stock hit an intraday high of Rs. 267.35 and intraday low of 260.70. The net turnover during the day was Rs. 76266573.00.


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