IFIN

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Company News Details

Power Grid Corporation of India Ltd

Industry : Power Generation And Supply

BSE Code

ISIN Demat

Book Value()

532898

INE752E01010

105.90387

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P/E(TTM)

Mar.Cap( Cr.)

POWERGRID

15.56

240234.6

EPS(TTM)

Face Value()

Div & Yield %

16.6

3.48

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power grid corporation of india ltd

Power Grid rises after emerging as successful bidder for 2,000 MWh battery storage

Dec 31,2025

The project entails the selection of battery energy storage developers for setting up a cumulative capacity of 2,000 MWh, structured as 1,000 MW with a two-hour storage duration, for on-demand usage. The project will be implemented under the build-own-operate (BOO) model and is supported by Viability Gap Funding through the Power System Development Fund.

As part of the mandate, PowerGrid will set up a 150 MW/300 MWh standalone battery energy storage system at the 400/220 kV substation at Kalikiri in Chittoor district, Andhra Pradesh. The facility will be located at a selected APTRANSCO substation and is aimed at enhancing grid flexibility and reliability.

The letter of award was received by PowerGrid on 29 December 2025. The battery energy storage system is expected to support on-demand power requirements and improve the integration of renewable energy into the grid, while also strengthening the overall transmission infrastructure in Andhra Pradesh.

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.

The company’s consolidated net profit fell 5.98% to Rs 3,566.08 crore despite a 1.76% increase in revenue from operations to Rs 1,147.59 crore in Q2 FY26 over Q2 FY25.

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Sr No	Start Date	Department	Tender Details	Status
1	01-01-2026	IA	RFP for Appointment of Internal Auditors for Period April 2026 – March 2027	Open
2	01-01-2026	IA	RFP for Appointment of Concurrent Internal Auditors for Period April 2026 – March 2027	Open
3	27-11-2025	IT & IT Back office	RFP - for Appointment of IAAP Certified Accessibility professionals as Auditors	Open
			A. Schedule of Pre-Bid Meeting - RFP No. IFIN/IAAP/2025-26/001
			B. Technical BID Meeting Link
4	30-10-2025		RFP for Vehicle Hiring
			A. General Information
			B. Technical BID Meeting Link
			C. Financial BID Meeting Link
5	02-09-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial BID Meeting Link
6	21-08-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
7	14-07-2025		RFP document for the Cloud Voice Logger	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
8	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
9	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026 - IFCI
10	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Pre Bid Meeting Link
			E. Technical BID Meeting Link
			F. Financial Bid Opening
11	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
12	18-02-2025	IT	RFP for Procurement of HP Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
13	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
			A. News Paper Article
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Pre Bid Meeting Link
			F. Technical BID Meeting Link
			G. Financial BID Meeting Link
14	10-06-2024	IA	RFP for appointment of internal auditors for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
			A. Request For Proposal
			B. Extension of RFP
15	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
16	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
17	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
18	28-10-2024	IT	RFP for Procurement of Firewall	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
19	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
20	07-07-2023	CS	RFP for Secretarial Audit
21	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
22	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
23	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
24	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Extension of RFP
			F. Closure of RFP
25	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
26	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
27	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
			A. Status_of_RFP_for_secretarila_audit
28	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
29	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
30	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
31	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
32	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
33	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed