NSEGeneral Updates4d ago · 17 Jul 2026, 07:55 pm
General Updates
Power Grid Corporation of India Limited · POWERGRID
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Power Grid Corporation of India Limited has been declared as the successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the project namely “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS” on Build, Own, Operate and Transfer (BOOT) basis.
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Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
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Market Sentiment8/10
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Full Announcement
Power Grid Corporation of India Limited has informed the Exchange about POWERGRID declared as successful bidder under TBCB.
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17th July, 2026
To To
The General Manager (Listing), The General Manager (Listing),
National Stock Exchange of India Limited, BSE Limited,
Exchange Plaza, C 1/G Block, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Dalal Street, Mumbai.
Bandra (East), Mumbai
Reference: NSE-SCRIP ID: POWERGRID; BSE Scrip Code: 532898
EQ – ISIN: INE752E01010
Sub.: POWERGRID declared as successful bidder under TBCB
Dear Sir,
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended, this is to inform that 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 “Installation of 2 Nos. of Synchronous Condensers (SynCon) units at
765/400/220kV Fatehgarh-II PS” on Build, Own, Operate and Transfer (BOOT) basis.
The Letter of Intent (LoI) has been received by POWERGRID on 17th July, 2026.
The project comprises installation & commissioning of 2 number of Synchronous
Condensers (SynCon) at Fatehgarh-II PS along with associated bays.
Thanking You,
Yours faithfully,
(Anjana Luthra)
Company Secretary &
Compliance Officer
Corporate Office: “Saudamini”, Plot No. 2, Sector-29, Gurugram-122001, (Haryana) Tel.: 0124-2822999 & 2822000
Registered Office: B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110 016. Tel: 011-26560112, 26560115 & 26560193,
CIN : L40101DL1989GOI0381 21
Website: www.powergrid.in