New Delhi: Power Grid Corporation of India Limited (POWERGRID) has emerged as the successful bidder for a key intra-state transmission project in Maharashtra under the Tariff Based Competitive Bidding (TBCB) route. The company received the Letter of Intent (LoI) on February 11, 2026, as per its regulatory filing with NSE and BSE.
The project is titled “Network Expansion Scheme in Maharashtra for Removal of Transmission Constraints in Pune Region-I (765/400 kV AIS Pune East)” and will be executed on a Build, Own, Operate and Transfer (BOOT) basis.
Project Scope and Infrastructure Development
The awarded project involves significant transmission infrastructure development in Maharashtra, including:
- Establishment of a 765kV/400kV AIS substation in Ahilyanagar district
- Construction of 765kV and 400kV transmission lines within the state
- Bay extension works at existing substations
The project is aimed at removing transmission bottlenecks in Pune Region-I, a rapidly growing industrial and urban hub.
Boost to Pune Region’s Power Infrastructure
Pune and its surrounding industrial areas have witnessed sustained growth in electricity demand, driven by expanding manufacturing, IT infrastructure, and urbanization.
The new transmission network is expected to:
- Enhance power evacuation capacity
- Strengthen grid reliability
- Support future load growth
- Improve overall intra-state transmission efficiency
The scheme will play a crucial role in ensuring stable and uninterrupted power supply to one of Maharashtra’s most dynamic economic regions.
Strengthening POWERGRID’s Execution Pipeline
Securing the project through competitive bidding further reinforces POWERGRID’s strong position in India’s high-voltage transmission segment. The BOOT model provides long-term revenue visibility while adding to the company’s expanding execution portfolio.
The win highlights POWERGRID’s continued leadership in delivering complex transmission infrastructure projects across the country.
About POWERGRID
Power Grid Corporation of India Limited (POWERGRID) is a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power. The company operates one of the largest transmission networks in the world and plays a pivotal role in India’s power sector by developing and maintaining high-voltage transmission infrastructure. POWERGRID continues to drive grid expansion, reliability, and energy integration across the nation.
