POWERGRID declared successful bidder under TBCB for Humnabad sub-station and transmission lines
POWERGRID declared successful bidder under TBCB.
By ScoutQuest · · 1 min read
- Project
- 3X500MVA 400/220kV sub-station at Humnabad, Bidar (Karnataka) plus 400kV and 220kV lines
- Quoted Annual Transmission Charges
- Rs. 243.34 Crore
- LoI date / receipt
- LoI dated 10th November, 2026 received on 11th November, 2026
A new win under competitive bidding
POWERGRID has been declared the successful bidder under Tariff Based Competitive Bidding (TBCB) for an Intra-State Transmission System project in Karnataka. The company received the Letter of Intent dated 10th November, 2026 on 11th November, 2026.
What the project involves
- Establishment of a new 400/220 kV sub-station at Humnabad in Bidar District, Karnataka
- Sub-station capacity of 3X500MVA
- Construction of 400kV and 220kV transmission lines running through Karnataka, along with the associated bays
- The project is to be executed on Build, Own, Operate and Transfer (BOOT) basis
What the company will earn
The project was won at a quoted Annual Transmission Charges of Rs. 243.34 Crore. For a transmission project, these charges are the annual revenue the asset is expected to earn for transmitting power, as quoted in the bid. This is a yearly figure, not a one-time order value.
Where this sits in the year so far
With this project, POWERGRID states it has secured eleven (11) transmission system projects under TBCB in FY 2026-27 till date, with cumulative Annual Transmission Charges of Rs. 8,106.97 Crore.
How to read this
- The update confirms the company has been declared successful bidder and that the Letter of Intent has been received.
- The project adds to POWERGRID's pipeline of competitively bid transmission assets in Karnataka.
- The annual transmission charges quoted are the quantitative measure of the win, and the cumulative figure shows the scale of TBCB wins during the year.
Also from Power Grid Corporation of India
Analyst meet transcript: capex guidance of ₹37,000-40,000 crore, capitalisation ₹25,000-30,000 crore
10 Nov 2026
Power Grid expected to see sell flows due to an FII desk's MSCI sell basket inclusion
6 Nov 2026
Power Grid posts audio & video recording links of analysts' and institutional investors' meet held 03 Nov 2026
4 Nov 2026
More numbers
- Quoted Annual Transmission Charges for the Humnabad projectRs. 243.34 Crore
- Cumulative Annual Transmission Charges of TBCB projects won in FY 2026-27 till dateRs. 8,106.97 Crore
- Number of TBCB transmission projects secured in FY 2026-27 till dateeleven (11)
- Sub-station capacity planned at Humnabad3X500MVA
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