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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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Power Grid Corporation of India Limited has informed the Exchange about POWERGRID declared as successful bidder under TBCB.

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POWERGRID1_17072026195550_BSENSEReg30LOIdt17072026.pdf

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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