(New Delhi, 12.11.2026 – By NewsIP Bureau 🙂
POWERGRID has won a Karnataka transmission project with quoted annual charges of Rs 243.34 crore, including a new 400/220 kV substation at Humnabad in Bidar District. The company received the Letter of Intent on 11 November, after it was dated 10 November.
The project was awarded through Tariff Based Competitive Bidding (TBCB) on a Build, Own, Operate and Transfer basis. It covers an intra-state transmission system in Karnataka.
The award adds to POWERGRID’s portfolio of PSU and infrastructure projects.
Substation and associated lines planned
The main facility will be a 3×500 MVA, 400/220 kV substation at Humnabad. The scope also includes 400 kV and 220 kV transmission lines traversing Karnataka, along with associated bays.
The announcement sets out the project’s facilities and the annual transmission charge, but does not state a construction timetable or commissioning date. It also does not give further details on the route of the lines or the project’s financing.
Eleven TBCB projects secured this financial year
With this award, POWERGRID says it has secured 11 transmission system projects under TBCB in FY 2026-27 to date. Their cumulative annual transmission charges stand at Rs 8,106.97 crore. The Rs 243.34 crore quoted for the Humnabad project is its annual transmission charge, not a stated project cost.
The announcement is official in tone and specific about the award, its scope and the quoted charge. The next dated step recorded in the source is the LoI, received by POWERGRID on 11 November 2026.
