Power Grid of India (POWERGRID) — Announcement

📢 Key Event
POWERGRID wins bid for inter-state transmission project

💡 Investor Takeaway
This win adds transmission capacity and may improve future cash flows.

Power Grid Corporation of India announced it was declared the successful bidder for a transmission project involving two synchronous condensers at Fatehgarh-II PS under a BOOT model, receiving the Letter of Intent on July 17, 2026, marking its entry into inter-state transmission expansion.

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About Power Grid Corporation of India Limited (POWERGRID)

Power · Power · Listed on NSE

Market Cap: ₹2,84,458.97 Cr P/E: 18.3 ROE: 16.8% ROCE: 12.2%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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