Stories
Power Grid Wins Pune West Transmission Project on BOOT Basis
- •Power Grid Corporation of India has been declared the successful bidder for an intra-state transmission system project in Maharashtra.
- •The Pune West project will be developed on a Build, Own, Operate and Transfer basis at quoted annual transmission charges of 199.55 crore rupees.
- •The project involves setting up a new gas-insulated switchgear substation in Pune along with associated transmission lines.
- •Power Grid has secured 10 transmission system projects under the competitive bidding route in the 2026-27 financial year so far.
Key Questions Answered
Power Grid has been declared the successful bidder for the Pune West intra-state transmission system project in Maharashtra under the TBCB route, featuring quoted annual transmission charges of ₹199.55 crore. The project involves establishing a new 765/400 kV gas-insulated switchgear (GIS) substation at Pune West along with associated transmission lines and bays on a BOOT basis.
With the Pune West project, Power Grid has successfully secured 10 transmission system projects under the Tariff Based Competitive Bidding (TBCB) route in FY 2026-27 so far. These projects carry cumulative annual transmission charges of ₹7,863.63 crore.
For the quarter ended June 30, Power Grid reported a net profit of ₹3,598.42 crore, down 0.9% compared to the ₹3,630.58 crore recorded in the same period last year. However, its revenue from operations increased by 2.7% year-on-year to reach ₹11,496.72 crore.
