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Power Grid Corporation of India Limited (PGCIL)

Power Grid Corporation of India Limited (PGCIL)

State-run transmission utility

Appears in 4 stories · Last updated Nov 8, 2026

Stories

POWERGRID wins HVDC project to move 6 GW of Rajasthan solar power

Built World

Won the Barmer HVDC auction, took over the project company on September 23, 2026, and awarded converter and synchronous-condenser contracts to GE Vernova and BHEL

Power Grid Corporation of India has placed the main equipment orders for its 6-gigawatt solar line. GE Vernova T&D India holds a Letter of Award dated November 3, 2026, for the high-voltage direct current (HVDC) converter stations at Barmer-II and South Kalamb.

Updated 4 days ago

India's solar buildout hits grid flexibility limits

Built World

Selected in August 2026 to build a 6,500 MW Gujarat renewable evacuation project; awarded Rs 2,872 crore of 765 kV line contracts to KEC International in October

India's grid could not absorb 6,825 gigawatt-hours of renewable power in the first half of 2026, 4.9% of renewable generation and 1.8 times the whole of 2025, per Aurora Energy Research. September's curtailment fell to 378.52 million units, 1.28% of renewable output, which JMK Research called seasonal relief rather than a fix.

Updated Oct 30

Power Grid acquires Lakadia II transmission SPV for 7,500 MW Gujarat renewables

Built World

Winning bidder for Lakadia-II transmission project

Power Grid Corporation of India now owns all of Lakadia II Power Transmission Limited, the company building a 7,500-megawatt transmission link for Gujarat's Lakadia renewable energy zone. The state-run utility paid about Rs 18.43 crore for the project company, and its winning bid set annual transmission charges at Rs 1,152.49 crore, pending approval by the Central Electricity Regulatory Commission.

Updated Oct 29

KEC International wins record India grid order months after PGCIL ban lifted

Built World

India's main grid operator and largest transmission owner; awarded KEC its record contract

Power Grid Corporation of India, the state-run grid utility, barred KEC International from its tenders from November 18, 2025 for nine months. On October 24, 2026, the utility awarded KEC its largest-ever Indian contract: ₹2,872 crore in turnkey orders for 765 kV transmission lines.

Updated Oct 26