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POWERGRID invites bids for 500 MW battery storage project

POWERGRID has opened bids for a 500 MW/1,000 MWh battery energy storage system project across India. The pre-bid meeting is scheduled for 28 July 2026, with bids due by 17 August 2026, aiming to enhance energy storage capabilities.

pre-market1 source ↓written by the desknot a recommendation

battery energy storage
500 MW/1,000 MWh
is set
28 July 2026
submissions due
17 August 2026

POWERGRID has opened bids for a 500 MW/1,000 MWh battery energy storage system (BESS) project across India. This initiative includes design, supply, erection, testing, and commissioning under a long-term agreement.

The pre-bid meeting is set for 28 July 2026, with bid submissions due by 17 August 2026. This project aims to enhance energy storage capabilities nationwide.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Jul 2026, 07:06 IST.

Sourcesnews.google.com

The market after the news

POWERGRID closed −1.2% on the day of the news, from ₹288.85 to ₹285.30; Nifty 0.0% over the same session; futures OI −0.3%.

Bulletin at 07:06 IST on 28 Jul 2026. Every change is measured from ₹288.85, the last close before it, on 27 Jul. Nifty 50 is measured over the same sessions.

  • POWERGRID close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
POWERGRID closes around the bulletin against the close before the news, with Nifty 50 rebased to it264.47288.85313.23axis spans 18%before the news · 27 Jul288.85Nifty 50POWERGRIDbulletinD0+1+3+521 Jul31 Jul11 AugFutures open interest, lotspeak 40,000Reference close ₹288.85. 16 sessions from 21 Jul to 11 Aug; the price axis spans 18 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Jul₹288.85basebase
On the day28 Jul₹285.30▼ −1.2%0.0%−1.2 pp difference
+1 session29 Jul₹282.85▼ −2.1%▲ +1.1%−3.1 pp difference
+3 sessions31 Jul₹284.25▼ −1.6%▲ +1.6%−3.2 pp difference
+5 sessions4 Aug₹283.40▼ −1.9%▲ +2.6%−4.5 pp difference
Gap at the open, % · ₹
▼ −0.5%−1.56 on 28 Jul
Day's range, % · ₹
1.7%≈ 4.9 high to low
Volume on the day
0.85×the 20-session average
Futures OI on the day
▼ −0.3%−100 lots · long unwinding · price −1.2%
Futures OI open, lots
35,00028 Jul · 28 Jul expiry
Futures premium, ₹
−0.20−0.1% to spot
Puts per call, by OI
0.44from 0.44 the session before
Max pain
288from 288 the session before

Source NSE UDiFF bhavcopy · POWERGRID on the desk →

Thread · POWERGRIDAll POWERGRID bulletins →

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