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The latest announcement is out from Power Grid Corporation of India Limited ( (IN:POWERGRID) ).
Power Grid Corporation of India Limited announced that its wholly owned subsidiary, POWERGRID Bhadla Sikar Transmission Limited, has fully commissioned an inter-state transmission project designed to evacuate 8.1 GW of solar power from designated solar energy zones in Rajasthan under Phase II – Part E of a transmission system strengthening scheme. The commissioning of this tariff-based competitively bid project, effective 14 January 2026, marks a key milestone in expanding grid capacity for large-scale renewable integration, enhancing reliability of power evacuation from Rajasthan’s solar hubs and reinforcing the company’s role in supporting India’s renewable energy and transmission infrastructure build-out.
More about Power Grid Corporation of India Limited
Power Grid Corporation of India Limited is a central public sector enterprise and India’s leading power transmission utility, responsible for developing and operating the inter-state transmission system. Through its subsidiaries, it builds and manages high-voltage transmission infrastructure that supports evacuation and integration of power, including renewable energy, into the national grid.
Average Trading Volume: 620,699
Technical Sentiment Signal: Hold
Current Market Cap: 2402.3B INR
See more data about POWERGRID stock on TipRanks’ Stock Analysis page.