Power Grid Corporation of India Ltd. executed a major block trade on the National Stock Exchange (NSE), marking a significant institutional transaction in the power transmission sector. The deal involved substantial share volumes and represents notable market activity for the state-owned enterprise.

Block Trade Details

The transaction encompassed key parameters that highlight the scale of institutional interest in the company's shares:

Transaction Significance

Block trades typically involve large institutional investors and represent significant market movements. The execution of this transaction at ₹282.05 per share indicates the price level at which substantial institutional activity occurred. Such trades often reflect strategic portfolio adjustments by institutional investors, including mutual funds, insurance companies, or other large market participants.

Market Activity

The transaction volume of approximately 952,064 shares represents a considerable portion of trading activity, demonstrating active institutional participation in Power Grid Corporation's stock. Block trades of this magnitude often serve as indicators of institutional sentiment and can influence broader market perception of the company's shares.

Power Grid Corporation of India Ltd has announced the successful commissioning of a major transmission project through its wholly owned subsidiary POWERGRID Khavda II-C Transmission Limited. The project represents a significant achievement in India's renewable energy infrastructure development, with operations commencing from January 31, 2026.

Project Details and Scope

The transmission project involves the implementation of Inter-State Transmission System specifically designed for the evacuation of 4.5GW renewable energy injection at Khavda PS under Phase-II, Part C. The project was secured through Tariff Based Competitive Bidding, demonstrating the company's competitive capabilities in the transmission sector.

Commissioning Timeline and Operations

The transmission scheme achieved complete commissioning on January 31, 2026, marking the official start of operations for the renewable energy evacuation system. The Notification for Commercial Operation (DCO) was received via email on February 2, 2026, confirming the project's operational status.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This regulation mandates the disclosure of material events and information that could impact investor decisions.

Strategic Significance

This project completion strengthens Power Grid Corporation's position in India's renewable energy transmission infrastructure. The 4.5GW capacity addition supports the country's renewable energy evacuation capabilities, facilitating the integration of clean energy into the national grid system. The successful commissioning demonstrates the company's execution capabilities in large-scale transmission projects.