Archive · 15 Dec 2025
Power Grid Wins Inter-Regional Transmission Project
Power Grid Corporation of India, a big company that manages electricity lines, won a project to build new power lines.
These lines will connect different parts of India, specifically between the Southern and Eastern regions.
The project will be built and managed by Power Grid for a while before being handed over.
The company also plans to raise money by selling special loans called bonds.
These bonds will be sold to people who want to lend money to the company.
The bonds will be listed on stock exchanges and will be paid back over 10 years with interest every year.
Power Grid Corporation of India won a bid to build an inter-state transmission system on a BOOT basis.
The project involves 765 kV double-circuit transmission lines in Odisha and Andhra Pradesh.
POWERGRID received the letter of intent for the project on December 15, 2025.
The company plans to raise up to ₹3,800 crore through private placement of unsecured taxable bonds.
The bonds will be listed on BSE and NSE and redeemable in 10 equal annual instalments.
- Who
- Power Grid Corporation of India Ltd (POWERGRID)
- What
- Won a bid to establish an inter-state transmission system
- When
- December 15, 2025
- Where
- States of Odisha and Andhra Pradesh
- Why
- To strengthen the inter-regional power grid
- Company
- Power Grid Corporation of India Ltd (POWERGRID)
- Project
- Inter-Regional Strengthening between SR Grid and ER Grid
- Project Type
- Build, Own, Operate, and Transfer (BOOT)
- Transmission Lines
- 765 kV double-circuit
- States Involved
- Odisha and Andhra Pradesh
- Bond Issue
- ₹3,800 crore
- Bond Base Size
- ₹1,000 crore
- Bond Green-Shoe Option
- ₹2,800 crore
- Bond Redemption
- 10 equal annual instalments
- Bond Listing
- BSE and NSE