Power Grid Share Price in Focus After Commissioning Rajasthan Transmission Project

Written by: Team Angel OneUpdated on: 12 Oct 2026, 5:38 pm IST

Power Grid has commissioned a transmission project linked to the evacuation of 20 GW of renewable energy from Rajasthan.

Power Grid Corporation of India has completed a transmission project designed to carry power from renewable energy zones in Rajasthan. The project was commissioned on September 22, 2026, and the company received the commercial operation notification on October 11, 2026.

Project to Support Renewable Energy Transmission

The project, named “Transmission System for Evacuation of Power from REZ in Rajasthan (20 GW) under Phase-III Part-C1”, is meant to help transmit electricity generated in Rajasthan's renewable energy zones.

Subsidiary Responsible for the Project

The project was originally assigned to POWERGRID Ramgarh II Transmission Limited, a wholly owned subsidiary of Power Grid.

The subsidiary was merged with POWERGRID Vataman Transmission Limited with effect from March 1, 2026, following an order from the Ministry of Corporate Affairs dated January 27, 2026.

As of October 12, 2026, at 10:17 AM, Power Grid share price was trading at ₹250.10 per share, reflecting a 0.38% surge from the previous trading session.

Conclusion

Power Grid has commissioned the Rajasthan transmission project, which is designed to evacuate 20 GW of renewable energy. The project became operational on September 22, with the commercial operation notification received on October 11.

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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 12, 2026, 12:08 PM IST

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