Its refinery throughput declined marginally to 17.53 million tonnes in Q2 FY20 as compared to 17.81 million tonnes in Q2 FY19.
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The transmission line will be used to evacuate power to the Lakadia pooling station.
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Petronet said its board of directors approved a special interim dividend of Rs 5.50 per share for the current fiscal 2019-20.
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Brent futures were down 30 cents, or 0.5 per cent, at $61.27 a barrel by 0733 GMT, having fallen 0.7 per cent on Monday.
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Modi, who is on a two-day visit to Riyadh to participate in an investor summit, will meet King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman later on Tuesday.
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"This quarter has been transformational for IndiGrid," said Chief Executive Officer Harsh Shah.
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On the Multi Commodity Exchange, crude for delivery in November traded higher by Rs 11, 0.28 per cent, at Rs 3,959 per barrel.
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Pradhan held a "productive meeting" with First Deputy Minister for Development of the Russian Far East and Arctic Sergey Tyrtsev.
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