Power Grid wins Fatehgarh-II SynCon transmission project

Power Grid Corporation of India has been declared the successful bidder for a Tariff Based Competitive Bidding (TBCB) project to establish an Inter-State Transmission System. The project involves the installation of 2 Synchronous Condensers (SynCon) at the 765/400/220kV Fatehgarh-II PS. The company received the Letter of Intent (LoI) on July 17, 2026.

The project will be executed on a Build, Own, Operate and Transfer (BOOT) basis. The scope encompasses the installation and commissioning of the 2 SynCon units along with associated bays. This infrastructure development falls under the regulation of the Inter-State Transmission System.

Project Details

The following table outlines the key infrastructure components and locations involved in the project:

Component / Location	State
2 Synchronous Condensers (SynCon)	Fatehgarh-II PS
Associated bays	Fatehgarh-II PS

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was confirmed by Anjana Luthra, Company Secretary & Compliance Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.09%	-0.16%	-1.45%	+12.40%	-3.86%	+119.47%

Power Grid Corporation of India Ltd has successfully commissioned a transmission project in the Khavda area of Gujarat to facilitate the evacuation of power from a potential renewable energy zone. The project, titled “Transmission System for Evacuation of Power from potential RE zone in Khavda Area of Gujarat under Phase IV (7 GW) - Part E4”, became operational on June 21, 2026. This development is significant as it enhances the infrastructure required to support the integration of 7 GW of renewable energy into the grid.

The commissioning was conducted in accordance with Regulation 5(1) of the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024, and Regulation 27(1)(c)(i) of the Central Electricity Regulatory Commission (Indian Electricity Grid Code) Regulations, 2023. The Date of Commissioning Certificate (DOCO) for the project was received via email on July 14, 2026, confirming the operational status.

Project Details

The project is part of a broader initiative to strengthen the transmission network in Gujarat, specifically targeting the evacuation of power from renewable energy sources. The following table outlines the key details of the commissioning:

Parameter	Details
Project Name	Transmission System for Evacuation of Power from potential RE zone in Khavda Area of Gujarat under Phase IV (7 GW) - Part E4
Location	Khavda, Gujarat
Commissioning Date	June 21, 2026
DOCO Received	July 14, 2026

The regulatory compliance for the project falls under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the filing to the National Stock Exchange of India Limited and BSE Limited to disclose the material development.