1 hr ago
POWERGRID Wins Gujarat Project to Integrate 7,500 MW Renewables
POWERGRID has won a large electricity-transmission project in Gujarat.
The project will help move renewable electricity from the Lakadia Renewable Energy Zone to the wider grid.
It is designed to handle 7,500 megawatts of power.
POWERGRID offered to do the work for annual transmission charges of ₹1,152.49 crore.
The company received an official Letter of Intent on September 3, 2026.
It will build and operate the equipment before transferring it under the agreed terms.
The work includes a new Lakadia-II substation and long transmission lines.
A synchronous condenser will also help keep the electricity grid stable.
The company has not announced the project’s total cost or completion date.
POWERGRID won an interstate transmission project to integrate 7,500 MW of renewable energy from Gujarat’s Lakadia Renewable Energy Zone.
The company quoted annual transmission charges of ₹1,152.49 crore and received the Letter of Intent on September 3, 2026.
The project will be developed under a Build, Own, Operate and Transfer model.
It includes a 765/400 kV Lakadia-II substation, 765 kV transmission lines and related equipment across Gujarat.
POWERGRID did not disclose the project’s capital cost, completion schedule or transmission-charge tenure.
- Who
- Power Grid Corporation of India Limited, also known as POWERGRID, won the project.
- What
- It won an interstate transmission project designed to integrate 7,500 MW of renewable energy.
- Where
- The project is in Gujarat and will connect renewable generation from the Lakadia Renewable Energy Zone.
- When
- The Letter of Intent and exchange-filing disclosure were dated September 3, 2026.
- Why
- To support the evacuation and interstate transmission of renewable electricity from Gujarat’s Lakadia zone.
Key facts
- Successful bidder
- Power Grid Corporation of India Limited (POWERGRID)
- Quoted annual charges
- ₹1,152.49 crore
- Renewable-energy capacity
- 7,500 MW
- Project model
- Build, Own, Operate and Transfer (BOOT)
- Main substation
- New 765/400 kV Lakadia-II substation
- Transmission infrastructure
- 765 kV transmission lines, associated equipment and bays
- Additional equipment
- A synchronous condenser at the Lakadia-II substation
- Undisclosed details
- Capital cost, completion schedule and transmission-charge tenure
Sources
Related news
Ceigall India Wins ₹5,300 Crore Gujarat Power Transmission Project
Ashoka Buildcon Wins REC Power Project with ₹126.54 Crore Annual Charges
Ceigall India Emerges Lowest Bidder for Rs 608 Crore Project
POWERGRID posts Profit After Tax of Rs 3,598 crore
PM Narendra Modi dedicates POWERGRID transmission projects in Andhra Pradesh
Adani Energy Wins ₹4,700 Crore Maharashtra Renewable Transmission Project
Nifty Bulls Defend 23,800 Ahead of Sensex Expiry
Stocks to Watch Thursday as Key Corporate Developments Drive Focus
Indian Rs 1 Trillion Market Cap Club Expands
Power Grid’s Order Pipeline Rises to ₹1.75 Lakh Crore
