Power Grid Corporation of India jumped after winning a bid to build an interstate transmission system in Karnataka.
The deets: the project will upgrade Karnataka’s power network to connect more renewable energy, 0.25 GW in Davanagere and 2.75 GW in Bellary.
It involves building a new 400 kV double-circuit transmission line across the state, along with equipment at both ends. Existing facilities at the Davanagere and Bellary stations will also be improved to handle the extra power.
The impact: the project will bring 3 GW of renewable energy from Davanagere and Bellary into Karnataka’s power grid. This is enough to power around 2–3 million homes by building new high-voltage lines and upgrading existing stations for reliable clean energy supply.
Why it matters: Karnataka is a leader in renewable energy, with nearly 65% of its 36.4 GW power capacity coming from clean sources, yet it is expected to face power shortages for around 500 hours in FY27.
Strengthening renewable power transmission in industrial hubs like Davanagere, the “Manchester of Karnataka”, will help ensure reliable electricity, support key industries, and stabilise the state’s power grid.

