New Delhi: Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for an intra-state transmission project in Karnataka under the Tariff Based Competitive Bidding (TBCB) process.
The project, awarded on a Build, Own, Operate and Transfer (BOOT) basis, involves the establishment of a 3x500 MVA, 400/220 kV substation at Humnabad in Bidar district, along with associated transmission lines and related bays.
POWERGRID quoted annual transmission charges of Rs 243.34 crore for the project. The company received the Letter of Intent (LoI), dated 10 November 2026, on 11 November.
Project to Strengthen Karnataka’s Transmission Infrastructure
The scope of work includes setting up the new 400/220 kV substation at Humnabad, constructing associated 400 kV and 220 kV transmission lines, and developing the required bays.
The project is expected to add to Karnataka’s intra-state power transmission infrastructure and support the movement of electricity through the state’s transmission network.
POWERGRID’s TBCB Portfolio Reaches 11 Projects in FY27
With this project, POWERGRID has secured 11 transmission system projects through the TBCB route so far in FY 2026-27. The cumulative annual transmission charges for these projects stand at Rs 8,106.97 crore.
The latest win adds to the company's portfolio of competitively awarded transmission projects and expands its presence in the intra-state transmission segment.
