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Power Grid wins bid to set up inter-state transmission system in Uttar Pradesh
05-Sep-2025 | 10:24
Power Grid Corporation of India said it been declared the successful bidder to set up an inter-state transmission system for evacuating power from pumped storage projects in Sonbhadra, Uttar Pradesh, under tariff-based competitive bidding.
The project will be developed on a build, own, operate, and transfer (BOOT) basis, further strengthening Powergrid?s presence in the country?s transmission infrastructure sector.
Power Grid Corporation of India is a Maharatna CPSU and India?s largest electric power transmission company.
The company reported a 2.5% drop in consolidated net profit to Rs 3,630.58 crore, while revenue from operations rose 1.7% to Rs 11,196.22 crore in Q1 FY26 over Q1 FY25.
Shares of Power Grid Corporation of India rose 0.80% to Rs 284.25 on the BSE.
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