New Delhi: Power Grid Corporation of India Limited (POWERGRID) has emerged as the successful bidder for an intra-state transmission system project in Karnataka under the Tariff Based Competitive Bidding (TBCB) route. The project carries an annual transmission charge of Rs 243.34 crore.
The project will be developed on a Build, Own, Operate and Transfer (BOOT) basis. POWERGRID received the Letter of Intent (LoI) for the project on November 11, 2026, dated November 10, 2026.
The development was disclosed by the company in a regulatory filing to the stock exchanges on November 11, 2026.
POWERGRID to Build 400/220 kV Sub-Station at Humnabad
The project involves the establishment of a new 3X500 MVA, 400/220 kV sub-station at Humnabad in Bidar district of Karnataka, along with associated transmission infrastructure.
The scope of work includes the construction of the sub-station and the development of 400 kV and 220 kV transmission lines across the state. The project will also include the installation of associated bays required for the transmission system.
The infrastructure is aimed at strengthening Karnataka’s intra-state power transmission network.
POWERGRID Secures 11 TBCB Projects in FY 2026-27
With this latest project win, POWERGRID has secured 11 transmission system projects under the TBCB route during FY 2026-27 so far.
The cumulative annual transmission charges of these 11 projects have reached Rs 8,106.97 crore, highlighting the company’s continued participation in India’s power transmission infrastructure development.
The latest order further strengthens POWERGRID’s project portfolio and expands its presence in the competitive bidding-based transmission sector.
About Power Grid 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. It is primarily engaged in the transmission of electricity across the country and plays an important role in strengthening India’s national power grid through the development, operation and maintenance of high-voltage transmission infrastructure.
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