POWERGRID has been declared the successful bidder for the establishment of an Intra-State Transmission System in Karnataka. The project includes a new 400/220 kV sub-station at Humnabad in Bidar District and associated transmission lines. The company will undertake this project on a Build, Own, Operate and Transfer basis, with annual transmission charges of Rs. 243.34 Crore. This marks the eleventh project secured by POWERGRID under the Tariff Based Competitive Bidding (TBCB) framework in FY 2026-27.
POWERGRID Secures New Transmission Project in Karnataka
Power Grid Corporation of India Limited (“POWERGRID”) has been officially declared as the successful bidder for a significant new Intra-State Transmission System project located in Karnataka. This award, made under the Tariff Based Competitive Bidding (“TBCB”) mechanism, signifies a key expansion for the company’s operational footprint and revenue base.
Project Details and Scope
The project, named “Establishment of 3X500MVA 400/220kV sub-station at Humnabad in Bidar District and associated transmission lines,” will be developed on a Build, Own, Operate and Transfer (BOOT) basis. POWERGRID has quoted annual transmission charges of Rs. 243.34 Crore for this undertaking. The scope includes establishing a new 400/220 kV Sub-station at Humnabad and constructing 400kV and 220kV transmission lines throughout the state of Karnataka, along with associated bays.
Letter of Intent and Financial Impact
The company received the Letter of Intent (LoI) for this project on 10th November, 2026, officially confirming the win. This new project contributes to POWERGRID’s robust growth trajectory in the transmission sector. With this latest addition, POWERGRID has successfully secured a total of eleven (11) transmission system projects under the TBCB framework during the Financial Year 2026-27 up to this date. The cumulative Annual Transmission Charges from these projects now stand at an impressive Rs. 8,106.97 Crore, underscoring the company’s expanding capacity and market presence.
Source: BSE
