{"id":275134,"date":"2026-09-28T14:04:52","date_gmt":"2026-09-28T08:34:52","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=275134"},"modified":"2026-09-28T14:04:52","modified_gmt":"2026-09-28T08:34:52","slug":"power-grid-share-price-new-project","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/power-grid-share-price-new-project\/","title":{"rendered":"Power Grid Wins Another Gujarat Transmission Package at Rs 430.67 Crore a Year, Yet the Stock Slips 1.8%"},"content":{"rendered":"

Power Grid Rs 264.60, down 1.82% (28 Sep, 1:50 PM). Annual charges Rs 430.67 crore. P\/E 15.75 vs industry 22.85. Dividend yield 3.34%. Debt to equity 1.47.<\/em><\/p>\n

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The Power Grid share price was Rs 264.60 at 1:50 PM on 28 September 2026, down 1.82 percent, even after the company was declared the successful bidder for an inter-state transmission project at quoted annual transmission charges of Rs 430.67 crore. The project is Part-C of the common system to evacuate power from Lakadia, Jam Khambhaliya and Jamnagar, and it will be built on a build, own, operate and transfer basis. The stock trades at a P\/E of 15.75 against an industry figure of 22.85 and offers a 3.34 percent dividend yield. Revenue from such projects arrives only after commissioning, so the win supports long-term earnings more than the current quarter.<\/p>\n<\/div>\n

Power Grid Corporation of India Limited said it has been declared the successful bidder under tariff based competitive bidding for an inter-state transmission system. The scheme is Part-C of the common transmission system for evacuation of power from Lakadia (Phase-II, 7.5 GW), Jam Khambhaliya (Phase-II, 5.5 GW) and Jamnagar (Phase-I, 1 GW), and the quoted annual transmission charges are Rs 430.67 crore.<\/p>\n

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It is the company’s second such Gujarat award in about five weeks, and both have arrived while the Power Grid share price has drifted lower. On 21 August it won the Jam Khambhaliya Phase-II and Jamnagar Phase-I project at a tariff of Rs 822.91 crore a year, and the stock ended that day at Rs 272.30. This article looks at the win, the numbers and the risks behind the Power Grid share price.<\/p>\n

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