
Three power transmission companies with strong project pipelines
Subscribe to enjoy similar stories.Power transmission projects worth nearly ₹5 trillion are currently under bidding or execution across India, according to a senior official from the ministry of power.This large pipeline comes at a time when transmission infrastructure has emerged as a bottleneck in expanding renewable energy capacity and meeting the country’s rapidly rising power demand.To achieve 500 GW of non-fossil fuel capacity by 2030, the government has planned significant 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.The government’s broader objective is to build a next-generation, intelligent and integrated national grid capable of supporting renewable energy, storage solutions, green hydrogen, and emerging demand centres such as data hubs.With power transmission emerging as a major investment theme, the sector is attracting investor interest.Here are a few companies with strong order pipelines to track.According to the business update Investor and analyst interaction on 23 March 2026, the company has a strong, visible execution pipeline of over ₹1.48 trillion.Assuming a 50% win rate on a ₹15 trillion opportunity, the company estimates potential project wins of around ₹7.5 trillion over the coming decades, resulting in an illustrative long-term execution pipeline of over ₹9 trillion.Power Grid, a Maharatna central public sector enterprise under the ministry of power, is primarily engaged in the transmission of electricity through its EHVAC (extra high voltage alternating current) and HVDC (high voltage direct current) transmission networks.The