Power Grid Declared Successful Bidder for 765 kV GIS Pune West Intra-State Transmission Project in Maharashtra on BOOT Basis
Power Grid Corporation of India Limited has been declared the successful bidder for the intra-state transmission project “Establishment of 765kV GIS Pune West (District: Pune)” in Maharashtra. The project was bid under tariff-based competitive bidding (TBCB). It will be developed on a Build, Own, Operate and Transfer (BOOT) basis. The quoted annual transmission charges are ₹199.55 crore. Power Grid received the Letter of Intent on October 16, 2026.
The project comprises a new greenfield 765/400 kV gas-insulated substation (GIS) at Pune West in Pune district, with 2×1,500 MVA capacity. The substation will be connected by LILO to the 765 kV double-circuit Pune-III to South Kalamb line, which is part of the inter-state transmission network. The scope also includes 765 kV and 400 kV transmission lines through Maharashtra and associated bays, including bay extension works at existing substations.
The project sits under Pune West Power Transmission Limited, a wholly-owned subsidiary of PFC Consulting Limited. Power Grid, Adani Energy Solutions and Resonia were reported to be in the bidding. Formal execution of the Transmission Service Agreement and transfer of the project SPV are the next steps.