POWERGRID acquires two major inter-region transmission projects worth ₹3,375 crore
New Delhi: State-run Power Grid Corporation of India Ltd (POWERGRID) on Thursday announced the acquisition of two key transmission projects worth ₹3,375 crore aimed at strengthening the country’s energy transmission network.
According to the company, these projects will help ease congestion in heavily loaded transmission corridors, enhance power reliability, and enable smooth transfer of renewable energy across regions. They will also aid in the evacuation of power from upcoming pumped storage projects, supporting India’s clean energy and grid stability goals.
POWERGRID said it secured the two special purpose vehicles (SPVs) — Vindhyachal Varanasi Transmission Limited and SR WR Power Transmission Limited — through tariff-based competitive bidding.
Vindhyachal Varanasi Transmission Limited, acquired from PFC Consulting Ltd on October 16, involves setting up an inter-regional transmission system that includes a new 765 kV substation at Prayagraj and 765 kV transmission lines across Uttar Pradesh and Madhya Pradesh.
Similarly, SR WR Power Transmission Limited, acquired from REC Power Development & Consultancy Ltd on October 17, will enhance transmission connectivity between the Southern and Western regions. The project features a 765 kV transmission line passing through Karnataka and Maharashtra, along with associated line bays at both ends.
The southern region project will facilitate integration of additional renewable energy potential, particularly from Bidar Power Station, and improve import-export capacity between the SR and WR grids.
As of September 30, 2025, POWERGRID operates 286 substations, over 1,80,864 circuit kilometres of transmission lines, and 5,81,831 MVA of transformation capacity. The company said that with advanced automation, digital tools, and modern technologies, it continues to maintain an average transmission system availability of over 99.80%.
