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Power Grid Corp wins 2,000 MWh battery energy storage project in Andhra, stock up 2%

Power Grid Corporation of India Ltd (POWERGRID) won a 150 MW/300 MWh battery energy storage project at SS Kalikiri, Chittoor, Andhra Pradesh under tariff-based competitive bidding.
Power-Grid-Corp-wins-2000MWh-battery-energy-storage-project-in-Andhra-stock-up

Introduction

Leading power transmission company has been awarded a 150 MW/300 MWh battery energy storage project at SS Kalikiri, Andhra Pradesh, under tariff-based competitive bidding with Viability Gap Funding support.

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Share price movement of Power Grid

On December 31, 2025, Power Grid Corporation of India Ltd opened at ₹261.80, up 0.58% from its previous close of ₹260.30. The stock reached a high of ₹264.90 (1.73%) and a low of ₹260.60. By 11:43 AM, it traded at ₹264.85, a 1.75% increase, with a market cap of ₹2,46,326.49 crore.

POWERGRID Wins 150 MW Battery Storage Project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under Tariff-Based Competitive Bidding for a 150 MW/300 MWh Battery Energy Storage System in Andhra Pradesh.

The project will be established at 400/220kV SS Kalikiri, Chittoor District, under a Build-Own-Operate model with Viability Gap Funding through PSDF, with the Letter of Award received on December 29, 2025.

Stock performance of Power Grid for Period of 1 week, 6 months, and 1 year

Power Grid Corporation of India Ltd declined 2.87% over the past week, fell 11.4% in the past six months, and decreased 15.7% over the past year.

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Shareholding pattern of Power Grid

ParticularsSep 2025Jun 2025Mar 2025
Promoter51.30%51.30%51.30%
FII25.70%26.50%26.80%
DII19.40%18.60%18.40%
Public3.60%3.60%3.50%

About Power Grid

Power Grid Corporation of India Ltd (NSE: POWERGRID) is a Maharatna CPSU, India’s largest power transmission company, engaged in planning, implementing, operating, and maintaining interstate transmission, telecom, and consultancy services nationwide.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Power Grid Corporation of India Ltd share price going up today?

A: Power Grid Corporation of India Ltd share price is rising after winning a 150 MW/300 MWh battery energy storage project in Andhra Pradesh.

Q: What does Power Grid Corporation of India Ltd specialize in?

A: Power Grid Corporation of India Ltd specializes in power transmission, interstate transmission systems, telecom, and consultancy services across India.

Q: What is the 52-week high and low of Power Grid Corporation of India Ltd stock?

A: The 52-week high of Power Grid Corporation of India Ltd stock is ₹321.75, and the 52-week low is ₹247.50.

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जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है
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जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है

भारतीय बाजार पर अमेरिकी बॉन्ड यील्ड का प्रभाव: प्रशांत जैन ने 6% के स्तर पर वैश्विक मंदी और फंड निकासी

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