New Delhi: Maharatna Central Public Sector Enterprise Power Grid Corporation of India Limited (POWERGRID) has emerged as the successful bidder under the Tariff Based Competitive Bidding (TBCB) process for a major power transmission project.
The company has received the Letter of Intent (LoI) for installing two Synchronous Condenser (SynCon) units at the 765/400/220 kV Fatehgarh-II Power Station on a Build, Own, Operate and Transfer (BOOT) basis.
The LoI was received by POWERGRID on July 17, 2026, marking another significant achievement for the company in strengthening India’s power transmission infrastructure.
POWERGRID to Install Synchronous Condensers at Fatehgarh-II
Under the awarded project, POWERGRID will develop and operate two Synchronous Condenser units at the Fatehgarh-II Power Station.
The project will play a crucial role in improving the performance and reliability of the electricity grid by enhancing voltage stability and supporting reactive power management.
The installation is expected to strengthen the transmission system in the Northern Region and support the growing power requirements of the country.
Role of Synchronous Condensers in Power Grid Stability
Synchronous Condensers are advanced grid-support technologies that help maintain voltage levels and improve the stability of power networks.
The key benefits of the project include:
- Improved grid stability
- Better reactive power management
- Enhanced reliability of transmission networks
- Support for integration of renewable energy into the grid
With increasing renewable energy capacity across India, such technologies are becoming increasingly important for maintaining a stable and efficient power system.
POWERGRID Strengthens Position in Advanced Transmission Projects
The successful bid highlights POWERGRID’s technical expertise and strong execution capabilities in developing critical power transmission infrastructure.
The project further reinforces the company’s leadership in deploying advanced technologies to support India’s evolving electricity transmission network.
About POWERGRID Corporation of India Limited
Power Grid Corporation of India Limited (POWERGRID) is a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India. The company is India’s leading power transmission utility, responsible for developing and operating a large-scale transmission network across the country. POWERGRID also undertakes projects in smart grid technology, telecommunications, and renewable energy integration to strengthen India’s power infrastructure.
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