Grid equipment manufacturer
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Expected supplier of HVDC converter stations and transformers
India's state-owned grid operator won the contract on September 2, 2026 to build the transmission line that will carry 6 gigawatts of solar power from Rajasthan's Barmer desert to Maharashtra's industrial west. POWERGRID will be paid ₹3,244 crore in annual transmission charges under a build-own-operate-transfer (BOOT) model: it finances, constructs, and runs the line before handing it to regulators.
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