Powergrid secures major inter-state transmission project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under Tariff Based Competitive Bidding to establish an Inter-State Transmission System. This system is designed to strengthen the existing Inter-regional (NR-WR) Transmission System, specifically to alleviate the loading on the 765 kV Vindhyachal-Varanasi D/c line. The project will operate on a Build, Own, Operate, and Transfer (BOOT) basis.

POWERGRID received the Letter of Intent (LoI) for this project on September 16, 2025. The project encompasses the establishment of a new 765 kV Sub-Station at Prayagraj in Uttar Pradesh. Additionally, it includes 765 kV D/c Transmission Lines that will traverse through the states of Uttar Pradesh and Madhya Pradesh.

This announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.