Gurgaon: Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, has acquired Kakinada I Transmission Limited, a Project Special Purpose Vehicle (SPV), from PFC Consulting Limited (PFCCL) on June 29, 2026.
The acquisition was completed under the Tariff Based Competitive Bidding (TBCB) route for the project titled “Transmission System for Proposed Green Hydrogen/Green Ammonia Projects in Kakinada Area (Phase-I).” The project is aimed at developing critical transmission infrastructure to support upcoming green hydrogen and green ammonia projects in Andhra Pradesh.
Major Transmission Infrastructure Planned in Kakinada
The Kakinada I Transmission Limited project includes the development of advanced power transmission infrastructure to ensure reliable electricity supply for green energy projects.
The key components of the project include:
- Establishment of a new 765/400 kV Gas Insulated Substation (GIS) at Kakinada, Andhra Pradesh
- Transformation capacity of 3×1500 MVA
- Installation of a 240 MVAr Bus Reactor along with associated infrastructure
- LILO (Line-In Line-Out) of the Vemagiri–Srikakulam 765 kV double-circuit transmission line at the Kakinada substation
- Installation of a ±300 MVAr STATCOM supported by 2×125 MVAr Mechanically Switched Capacitors (MSC)
The project has been classified as an Inter-State Transmission System (ISTS) and is scheduled to be commissioned within 30 months from the date of SPV acquisition.
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Supporting Green Hydrogen and Green Ammonia Projects
Once completed, the transmission system will facilitate reliable power supply to the proposed green hydrogen and green ammonia manufacturing projects in the Kakinada region. The project is expected to play a crucial role in enabling India’s clean energy transition by providing the transmission infrastructure required for large-scale renewable energy-based industrial projects.
Part of POWERGRID’s BOOT-Based Expansion Strategy
POWERGRID continues to expand India’s transmission network by implementing several projects through Special Purpose Vehicles acquired under the Tariff Based Competitive Bidding mechanism.
These projects are being developed on a Build, Own, Operate and Transfer (BOOT) basis, helping strengthen the country’s power transmission infrastructure for the evacuation of renewable energy to the national grid.
The company said these initiatives will reduce dependence on fossil fuels while supporting the Government of India’s target of achieving 500 GW of renewable energy capacity by 2030.
POWERGRID’s Expanding National Transmission Network
As of May 31, 2026, POWERGRID has built one of the world’s largest transmission networks.
Its operational achievements include:
- 291 substations across India
- More than 1,85,750 circuit kilometres of transmission lines
- 6,30,516 MVA of transformation capacity
- Average transmission system availability of over 99.84%
The company attributes this high level of operational efficiency to the adoption of advanced technologies, automation, and digital solutions across its transmission network.
Strengthening India’s Renewable Energy Future
The acquisition of Kakinada I Transmission Limited marks another important milestone in POWERGRID’s efforts to build robust transmission infrastructure for India’s rapidly expanding renewable energy sector. By enabling reliable power supply to green hydrogen and green ammonia projects, the company is supporting the country’s clean energy ambitions and long-term sustainability goals.
About POWERGRID
Power Grid Corporation of India Limited is a Maharatna public sector enterprise under the Government of India, responsible for interstate electricity transmission and development of India’s national power grid infrastructure. The company plays a critical role in ensuring reliable and efficient power transmission across the country.
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