Date: 16th October, 2026

Board Meeting Outcomes

POWERGRID has been declared as successful bidder under Tariff Based Competitive Bidding (TBCB) to establish Intra-State Transmission System for the project "Establishment of 765kV GIS Pune West (District - Pune)" on Build, Own, Operate and Transfer (BOOT) basis.

Project Details

  • Project Value: Quoted Annual Transmission Charges of ₹199.55 Crore
  • Project Scope: Establishment of new 765/400 kV GIS Pune West Substation in Maharashtra
  • Additional Components: Construction of 765kV and 400kV transmission lines traversing through Maharashtra along with associated bays
  • Contract Type: BOOT (Build, Own, Operate and Transfer) basis
  • Regulatory Framework: Tariff Based Competitive Bidding (TBCB)

Timeline

  • Letter of Intent (LoI) received by POWERGRID on: 16th October, 2026

Cumulative Performance Update

With this project, POWERGRID has secured ten (10) transmission system projects under TBCB in FY 2026-27 till date, with cumulative Annual Transmission Charges of ₹7,863.63 Crore.