Three power transmission companies with strong project pipelines
India's power transmission sector is witnessing significant growth with projects worth ₹5 trillion under bidding or execution. The government's plan to achieve 500 GW of non-fossil fuel capacity by 2030 is driving transmission expansion.
Power transmission projects worth ₹5 trillion are currently under bidding or execution across India. The government aims to achieve 500 GW of non-fossil fuel capacity by 2030, driving transmission expansion. In FY26, transmission projects worth ₹1 trillion cleared the National Committee on Transmission stage, while projects worth ₹1.47 trillion progressed beyond the special purpose vehicle stage. Power Grid Corporation of India has a strong execution pipeline of over ₹1.48 trillion and estimates potential project wins of around ₹7.5 trillion. Tata Power Company Limited is also expanding its transmission network with 4,738 circuit kilometres of operational transmission lines and 2,573 ckm under construction. The sector is attracting investor interest due to the government's plans to build a next-generation national grid.
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