Power Grid wins Tumkur-II inter-state transmission project for 2.7 GW renewable integration

An announcement from Power Grid Corporation of India Limited ( (IN:POWERGRID) ) is now available.

Power Grid Corporation of India Limited has been declared the successful bidder under the Tariff Based Competitive Bidding framework to establish an inter-state transmission system for the “Transmission System Strengthening at Tumkur-II for Integration of Additional RE Potential (2.7 GW)” project on a Build, Own, Operate and Transfer basis. The project, for which a Letter of Intent dated 30 March 2026 was received on 1 April 2026, involves a 400 kV double-circuit transmission line in Karnataka and augmentation works at the Tumkur-II pooling station, reinforcing grid infrastructure to support additional renewable energy integration.

This award strengthens Power Grid’s role in India’s power transmission build-out, particularly in facilitating large-scale renewable energy evacuation from Karnataka, and is expected to enhance its project portfolio in tariff-based competitively bid inter-state assets. By expanding capacity and reliability at the Tumkur-II node, the company supports national objectives of integrating higher renewable capacity into the grid, which has implications for generators, state utilities and future tariff-based transmission tenders.

More about Power Grid Corporation of India Limited

Power Grid Corporation of India Limited is India’s central transmission utility, operating in the power infrastructure sector with a focus on inter-state electricity transmission. The company plans, builds, owns and operates high-voltage transmission networks that integrate generation sources, including growing renewable energy capacity, into the national grid.

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Current Market Cap: 2754.8B INR

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