The first project, which involves strengthening the transmission system to facilitate evacuation of power from Bhadla/Bikaner complex, is estimated to cost Rs 212.81 crore. The project is scheduled for commissioning within 18 months from the project allocation date, i.e., by 09 June 2026.
The second project, which is Eastern Region Expansion Scheme-43 (ERES-43), has an estimated cost of Rs 342.69 crore. The project is slated for commissioning within 18 months (with a best-effort target of 15 months) from the project allocation date, i.e., by 01 March 2026.
The Eastern Region Expansion Scheme-44 (ERES-44) is the third project. It is estimated to cost Rs 408.94 crore. The project is scheduled for commissioning within 18 months (with a best-effort target of 15 months) from the project allocation date, i.e., by 24 May 2026.
The Power Grid Corporation of India was established by the Government of India (GoI) as the central transmission utility of India. The company is a 'Maharatna' firm under the Ministry of Power, GoI. As of 31 December 2024, the Government of India owned a 51.34% stake in the company.
The company’s consolidated net profit declined by 4.1% to Rs 3,861.63 crore in Q3 FY25, compared to Rs 4,028.25 crore posted in Q3 FY24. Revenue from operations fell 2.7% year-on-year (YoY) to Rs 11,233.03 crore in the quarter ended 31 December 2024.
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