Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for establishing an Inter-State Transmission System. The project, located in the Kakinada area (Phase-I), involves developing a new 765/400kV GIS Sub-station, STATCOM, and transmission line works in Andhra Pradesh on a Build, Own, Operate, and Transfer (BOOT) basis. The Letter of Intent (LoI) was received by POWERGRID on June 12, 2026.
POWERGRID Secures Key Transmission Project
Power Grid Corporation of India Limited (POWERGRID) is pleased to announce its selection as the successful bidder for a significant Inter-State Transmission System project. This project aims to support proposed Green Hydrogen / Green Ammonia projects in the Kakinada area, specifically for Phase-I development.
Project Details and Scope
The project will be executed on a Build, Own, Operate, and Transfer (BOOT) basis. The scope of work includes the establishment of a new 765/400kV GIS Sub-station, along with the installation of STATCOM and extensive 765kV transmission line works. The project is situated in the state of Andhra Pradesh.
Letter of Intent Received
POWERGRID officially received the Letter of Intent (LoI) for this project on June 12, 2026. This award underscores POWERGRID’s continued leadership and expertise in developing critical transmission infrastructure across India.
Reference Information
The relevant details for this announcement are as follows:
- NSE-SCRIP ID: POWERGRID
- BSE Scrip Code: 532898
- EQ – ISIN: INE752E01010
Source: BSE
