POWERGRID has been declared the successful bidder for the inter-state transmission system project in Gujarat, valued at Rs. 822.91 crore per annum. The project involves establishing a new GIS substation at Kalyanpur and constructing 765 kV transmission lines. The Letter of Intent was received on August 21, 2026, under the Build, Own, Operate, and Transfer (BOOT) model.
POWERGRID Secures Major Transmission Project
POWERGRID Corporation of India Limited (“POWERGRID”) has been announced as the successful bidder for a critical inter-state transmission system project in Gujarat. This development marks a significant expansion for the company, reinforcing its role in enhancing India’s power infrastructure. The project, named “Transmission system for Integration of Power from RE Projects in Jam Khambhaliya REZ in Gujarat – Phase II (5500MW) and Jamnagar Phase-I (1000 MW)”, was awarded through a Tariff Based Competitive Bidding process.
Project Details and Financials
The project will be executed on a Build, Own, Operate, and Transfer (BOOT) basis. POWERGRID secured this bid at a discovered tariff of Rs. 822.91 crore per annum. The company officially received the Letter of Intent (LoI) for this project on August 21, 2026. This tariff signifies the expected annual revenue from the project, highlighting its substantial financial impact.
Scope of Work
The project’s scope is extensive and crucial for the region’s power transmission network. It includes the establishment of a new GIS substation at Kalyanpur, Gujarat. Additionally, the project entails ICT augmentation and bay extension works at existing under-construction substations within Gujarat. A significant component of the project is the construction of 765 kV transmission lines that will traverse the state, enhancing the grid’s capacity and reliability.
Source: BSE
