Power Grid Corporation of India Ltd
Power Grid Wins Rs. 199.55 Crore Transmission Project on BOOT Basis
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 16 Oct 2026, 05:05 PM IST · BSE ID: 9c38c631-ba74-4ea2-9ca8-071629afe7c9
View Original BSE Filing (PDF)
💡
In Simple Terms
Power Grid won a bid to build and operate a major electricity transmission system in Maharashtra for a set annual fee.
🤖 AI Summary
- Power Grid declared successful bidder for 765kV GIS Pune West transmission project.
- Project secured on Build, Own, Operate, Transfer (BOOT) basis.
- Annual transmission charges quoted at Rs. 199.55 Crore.
- Project involves new substation and transmission lines in Maharashtra.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Annual Transmission Charges
Rs. 199.55 Crore
Cumulative Annual Transmission Charges (FY 2026-27)
Rs. 7,863.63 Crore
🏢 How This Affects the Company
This order win expands Power Grid's project pipeline and reinforces its market position in intra-state transmission projects awarded through TBCB.
The project contributes to the company's future revenue stream with quoted annual transmission charges of Rs. 199.55 Crore under a BOOT model.
The company will undertake the establishment of a new 765kV GIS substation and associated transmission lines.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders.
👤
Who Is Affected
All shareholders are affected by the company's continued expansion of its asset base and revenue streams.
🔍
Management Signal
This reinforces management's strategy of actively participating and winning bids in the tariff-based competitive bidding process for transmission projects.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of Letter of Intent (LOI) for the Pune West project.
Update on project commissioning timeline and initial revenue recognition.
Future TBCB bid results announced by Power Grid.
LOW RISK
The filing details a successful bid award, a standard operational event for Power Grid.
💡 Investor Takeaway
Power Grid secured a new transmission project with Rs. 199.55 Crore annual charges on a BOOT basis, contributing to its cumulative FY 2026-27 TBCB wins of Rs. 7,863.63 Crore.
⚖️ Strengths & Concerns
✅ Positives
- Secured Rs. 199.55 Crore in annual transmission charges for a new Maharashtra project.
- Cumulative Annual Transmission Charges for FY 2026-27 projects now total Rs. 7,863.63 Crore.
📅 Company Track Record
Power Grid has recently secured multiple transmission projects under TBCB, including a Rs. 3,244.33 Crore project in September 2026 and projects for REZ phases in Rajasthan and Krishnagiri.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the new transmission project Power Grid has been awarded?
Power Grid has been declared the successful bidder with quoted annual transmission charges of Rs. 199.55 Crore.
What type of project has Power Grid won?
Power Grid will establish the Intra-State Transmission System for the "Establishment of 765kV GIS Pune West" project on a Build, Own, Operate and Transfer (BOOT) basis.
Where will this new transmission project be located?
The project involves establishing a 765kV GIS Pune West Sub-station and associated transmission lines in the state of Maharashtra.
What is the total value of transmission projects secured by Power Grid under TBCB in FY 2026-27?
With this new project, Power Grid's cumulative Annual Transmission Charges for TBCB projects in FY 2026-27 stand at Rs. 7,863.63 Crore.
Questions based on this BSE filing only. For information purposes.