New Delhi: Power Grid Corporation of India Limited (PGCIL) has been declared the successful bidder under tariff-based competitive bidding (TBCB) for an inter-state transmission system project aimed at integrating additional renewable energy capacity in Karnataka.
The project, to be implemented on a Build, Own, Operate and Transfer (BOOT) basis, involves strengthening the transmission system for evacuation of renewable energy from Davanagere (0.25 GW) and Bellary (2.75 GW). Power Grid received the Letter of Intent (LoI) on January 8, 2026, following its issuance on January 7, the company said in a regulatory filing.
The scope of work includes construction of a 400 kV double-circuit transmission line in Karnataka, along with associated line bays and augmentation works, including ICTs and line bays, at the Davanagere and Bellary pooling stations.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)