Shares of Energy Grid Company of India Ltd are buying and selling flat after touching a day’s excessive of Rs 282.85 on 1st October, at the same time as the corporate introduced that it has been declared the profitable bidder underneath Tariff-Based mostly Aggressive Bidding (TBCB) to determine an Inter-State Transmission System for the “Inter-Regional Strengthening between SR Grid and WR Grid” mission on a Construct, Personal, Function, and Switch (BOOT) foundation.
Energy Grid obtained the Letter of Intent (LoI) for the mission on twenty ninth September, 2025. The mission contains constructing 765 kV double-circuit transmission traces throughout Karnataka and Maharashtra, together with line bays at each ends.
Earlier this week, the corporate cleared two main infrastructure initiatives value Rs 705.51 crore. These intention to spice up grid operations and catastrophe readiness. The approvals had been granted by the Committee of Administrators on Funding in Tasks throughout a gathering held on twenty sixth September.
The primary mission, value Rs 209.68 crore, will set up a VOIP (Voice over Web Protocol) system throughout all 5 regional grids—Northern, North Jap, Southern, Western, and Jap. That is set to be accomplished by twenty third August, 2026, to boost coordination and effectivity.
The second mission, costing Rs 495.83 crore, will procure 20 units (300 towers) of Emergency Restoration System (ERS). This falls underneath the Make in India initiative. Scheduled for commissioning by nineteenth April, 2027, this method will assist rapidly restore transmission traces throughout pure disasters or failures. Thus, it can strengthen energy provide resilience.
At 12:14 PM, the shares of Energy Grid had been buying and selling 0.25% larger at Rs 280.95 on NSE.
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