POWERGRID
Power Grid Corporation of India Limited
NSELast Traded Price
₹266.05
1.15 (0.43%)
Open
₹266.05
High
₹267.35
Low
₹265.05
Prev Close
₹264.9
Industry
Power - Transmission
Market Cap
247442.56 Cr
Filing History
Recent corporate announcements and filings for POWERGRID
Business Update
Positive
2026-08-28 18:17
- POWERGRID acquired Fatehgarh II Transmission Limited on 28.08.2026 for approximately ₹19.11 Crore.
- The acquisition is for establishing an Inter-State Transmission system with synchronous condensers at Fatehgarh-II PS.
- POWERGRID has acquired 100% of the target entity.
Governance
Negative
2026-08-26 16:57
CRITICAL RED FLAG DETECTED
- POWERGRID received notices from BSE & NSE on August 25, 2026, regarding non-compliance with SEBI LODR regulations for Board and committee composition for the quarter ended June 30, 2026.
- The non-compliance was due to not having the requisite number of Independent Directors.
- BSE and NSE imposed a fine of ₹11,36,340/- (incl. GST) each.
- POWERGRID has requested a waiver of the fine, stating the appointment of Independent Directors vests with the President of India, and the matter is with the Ministry of Power.
Business Update
Positive
2026-08-21 21:36
- Order Win: POWERGRID declared as successful bidder for an Inter-State Transmission System project in Gujarat.
- Project Details: To establish transmission system for integration of power from RE Projects in Jam Khambhaliya REZ (Phase II, 5500MW) and Jamnagar (Phase I, 1000 MW) on Build, Own, Operate and Transfer (BOOT) basis.
- Annual Tariff Value: ₹822.91 crore per annum.
- Scope: Includes a new GIS substation at Kalyanpur, ICT augmentation, bay extension works, and construction of 765 kV transmission lines across Gujarat.
Governance
Positive
2026-08-20 13:45
- Shri Amol Babulal Taori (DIN: 11890590) was appointed as Additional Director (Director (Finance)) and Chief Financial Officer (CFO) of Power Grid Corporation of India Limited, effective August 20, 2026.
- Consequent to this appointment, Shri Venkata Subrahamanayam Vallurie ceased to be the CFO.
- Shri Taori brings nearly 30 years of experience, including as Executive Director (International Trade) at HPCL, and his term as Director (Finance) is for 5 years.
Governance
Negative
2026-08-20 13:34
CRITICAL RED FLAG DETECTED
- Shri Amol Babulal Taori (DIN: 11890590) has been appointed as Additional Director (Director (Finance)) and Chief Financial Officer (CFO) of the company, effective August 20, 2026, for a term of 5 years.
- Consequent to this appointment, Shri Venkata Subrahamanayam Vallurie ceased to be the Chief Financial Officer.
- Dr. Yatindra Dwivedi relinquished the additional charge of Director (Finance) on August 18, 2026.
- Shri Taori has nearly 30 years of experience across finance, treasury, international trade, marketing, and compensation management, and previously served as Executive Director (International Trade) at Hindustan Petroleum Corporation Limited (HPCL).
Governance
Neutral
2026-08-18 15:45
- The Board of Directors of Power Grid Corporation of India Limited, in its meeting on August 18, 2026, approved the appointment of Shri Amol Babulal Taori (DIN:11890590) as Director (Finance).
- Shri Taori assumed charge on August 18, 2026, for a period of 5 years or until further orders.
- Dr. Yatindra Dwivedi, Director (Personnel), relinquished the additional charge of the post of Director (Finance).
Governance
Neutral
2026-08-18 15:38
- The Board of Directors of POWERGRID approved the appointment of Shri Amol Babulal Taori as Additional Director (Director (Finance)) on August 18, 2026, for a term of 5 years.
- Shri Amol Babulal Taori assumed charge of the post of Director (Finance) on August 18, 2026.
- Dr. Yatindra Dwivedi, Director (Personnel), relinquished the additional charge of Director (Finance) on the same date.
Financials
Positive
2026-08-14 18:57
- Q1 FY27 Consolidated Transmission Charges: ₹10,905 Cr vs ₹10,620 Cr (▲2.68% YoY)
- Q1 FY27 Consolidated Total Income: ₹11,697 Cr vs ₹11,444 Cr (▲2.21% YoY)
- Q1 FY27 Consolidated Net Profit (PAT): ₹3,598 Cr vs ₹3,631 Cr (▼0.91% YoY)
- Capitalization for Q1 FY27 stood at ₹5,277 Cr.
- The company reported a regulatory drag of approximately ₹560 Cr (₹330 Cr depreciation and ₹230 Cr interest due to CERC orders) impacting the PAT YoY comparison.
- Gross Fixed Assets increased from ₹2,92,446 Cr to ₹3,25,671 Cr. Net worth improved from ₹96,482 Cr to ₹1,04,028 Cr.
- Total work in hand is ₹1.75 lakh Cr, with a bidding pipeline of ₹1.19 lakh Cr.
Governance
Neutral
2026-08-12 23:11
- Ministry of Power has approved the appointment of Shri Amol Babulal Taori, Executive Director (International Trade) at HPCL, as Director (Finance) of Power Grid Corporation of India Limited for a period of 5 years.
- The appointment is effective from the date of his assumption of charge.
Business Update
Neutral
2026-08-07 18:22
- Audio & Video recording links of the webinar for Investors & Analysts held on August 07, 2026, at 11:00 A.M. (IST) are provided.
- Senior Management discussed the company's business and outlook post Q1 FY27 financial results.
Business Update
Positive
2026-08-07 10:51
- Presentation for Q1FY27 Earnings Update webinar for investors and analysts scheduled for August 07, 2026.
- FY27 CAPEX Guidance: ₹37,000 crore.
- FY27 Capitalization Guidance: ₹30,000 crore.
- Q1FY27 CAPEX was ₹7,765 crore, and Capitalization was ₹5,277 crore.
- Major commissioning in Q1FY27: 1,635 ckm transmission lines, 10,500 MVA transformation capacity.
- Strong operational performance with 99.80% system availability.
- Secured 6 out of 19 TBCB projects bid in FY27 till July 2026.
Business Update
Positive
2026-08-05 23:16
- POWERGRID's Committee of Directors on Investment on Projects has approved an investment for the "Reconductoring of Tirunelveli – Udumalpet and Pugalur - Madurai 400kV D/c lines with HTLS conductor" project.
- Estimated Cost: ₹856.94 Crore.
- Commissioning Timeline: Scheduled within 24 months from project allocation, by 11.02.2028.
Governance
Neutral
2026-08-05 23:13
- Board of Directors approved the amended 'Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Conduct for Regulating, Monitoring & Reporting of Trading in Securities' on August 5, 2026.
- The amended code is available on the company's website.
Financials
Neutral
2026-08-05 22:44
- Consolidated Revenue ₹11,496.72 Cr vs ₹11,196.22 Cr (▲2.68% YoY)
- EBITDA ₹9,538.73 Cr vs ₹9,102.30 Cr (▲4.79% YoY)
- PAT ₹3,598.42 Cr vs ₹3,630.58 Cr (▼0.88% YoY)
- EBITDA Margin 83.00% vs 81.30% (▲170bps)
Business Update
Positive
2026-08-04 18:47
- POWERGRID announced the commissioning of the "Transmission System for evacuation of Power from REZ in Rajasthan (20 GW) under Phase-III Part-H" project on July 4, 2026.
- Commercial Operation (DOCO) is effective from July 9, 2026.
Business Update
Neutral
2026-08-03 23:46
- Concall Schedule
- Concall Date: Friday, 07th August, 2026
- Concall Time: 11:00 A.M. (IST)
Business Update
Positive
2026-08-03 19:54
- POWERGRID acquired Krishnagiri REZ Transmission Limited on 03.08.2026 for approx. ₹19.82 Cr, becoming 100% owner.
- This acquisition under TBCB route is to establish an Inter-State Transmission system with new 765/400kV substations and lines across Andhra Pradesh, Telangana, & Karnataka.
Governance
Neutral
2026-07-31 22:51
- Shri Rajesh Gupta, Executive Director (ED) of POWERGRID, ceased to be ED (Senior Management Personnel)
- Cessation effective July 31, 2026, due to attaining the age of superannuation.
Governance
Neutral
2026-07-30 19:48
- Board meeting scheduled for August 05, 2026, to consider and approve the unaudited financial results for the first quarter ended June 30, 2026 (FY 2026-27).
- The trading window for the company's shares will remain closed until August 07, 2026, and will open on August 08, 2026.
Governance
Positive
2026-07-29 23:24
- The 37th Annual General Meeting (AGM) will be held on Thursday, August 20, 2026, at 11:00 A.M. (IST) via Video Conferencing (VC) / Other Audio Visual Means (OAVM).
- Agenda includes adoption of Audited Financial Statements for FY 2025-26, confirmation of 1st and 2nd interim dividends, and declaration of final dividend for FY 2025-26.
- Proposal to enhance the overall borrowing limit from ₹1,80,000 crore to ₹2,20,000 crore.
- Proposal to raise funds up to ₹35,000 crore from the domestic market for FY 2026-27 and FY 2027-28.
- Appointment of Shri Burra Vamsi Rama Mohan as Chairman and Managing Director.
Financials
Positive
2026-07-29 22:34
- 37th Annual General Meeting (AGM) for Power Grid Corporation of India Limited will be held on Thursday, August 20, 2026, at 11:00 AM (IST).
- Record Date for determining entitlement for Final Dividend for FY 2025-26 is Thursday, August 13, 2026.
- The Final Dividend, if declared at the AGM, will be paid on or before Wednesday, September 16, 2026.
Business Update
Positive
2026-07-29 20:24
- POWERGRID acquired Bhadla Ramgarh Power Transmission Limited on July 29, 2026, for approximately ₹12.86 Crore (subject to adjustment).
- This acquisition is for establishing an Inter-State Transmission system for augmentation at Bhadla-III, Ramgarh PS, and Kanpur (PG) under the Tariff Based Competitive Bidding route.
- POWERGRID acquired 100% shareholding in Bhadla Ramgarh Power Transmission Limited, which operates in the power transmission business.
Governance
Neutral
2026-07-23 16:36
- Additional charge for the post of Director (Projects) has been extended to Shri Burra Vamsi Rama Mohan, Chairman & Managing Director (CMD), POWERGRID.
- The extension is for a further period of three months w.e.f. July 01, 2026.
- This arrangement will continue until a regular incumbent assumes charge or until further orders, whichever is earliest.
Governance
Positive
2026-07-22 23:12
- The Board of Directors approved enhancing the borrowing limit for FY 2026-27 from ₹30,000 Crore to ₹35,000 Crore.
- Approved borrowing of funds up to ₹35,000 Crore for FY 2027-28.
- Appointed M/s. R. M. Bansal & Co. and M/s. Chandra Wadhwa & Co. as joint Cost Auditors for FY 2026-27.
- The borrowing proposals are subject to shareholder approval at the Annual General Meeting.
Governance
Positive
2026-07-22 23:10
- Board approved increasing borrowing limit from ₹30,000 Cr to ₹35,000 Cr for FY 2026-27.
- Also approved borrowing up to ₹35,000 Cr for FY 2027-28, pending shareholder nod.
- Appointed M/s. R. M. Bansal & Co. and M/s. Chandra Wadhwa & Co. as joint Cost Auditors for FY 2026-27.
Business Update
Positive
2026-07-17 19:57
- Order Win: POWERGRID declared successful bidder under Tariff Based Competitive Bidding for an Inter-State Transmission System project.
- Project Details: Installation of 2 Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS.
- Project Basis: Build, Own, Operate and Transfer (BOOT) basis.
- LoI Date: July 17, 2026.
Business Update
Positive
2026-07-14 23:13
- POWERGRID has successfully commissioned the 'Transmission System for Evacuation of Power from potential RE zone in Khavda Area of Gujarat under Phase IV (7 GW) - Part E4'.
- The project was commissioned with effect from June 21, 2026.
Business Update
Positive
2026-07-10 16:39
- Power Grid Corporation of India Limited (POWERGRID) declared successful bidder under Tariff Based Competitive Bidding (TBCB) for the "Transmission System for integration of Krishnagiri REZ Phase-I" project.
- The project will be on a Build, Own, Operate and Transfer (BOOT) basis.
- Scope includes establishment of 2 new 765/400kV Sub-stations in Andhra Pradesh and construction of 765kV & 400kV transmission lines traversing through Andhra Pradesh, Telangana & Karnataka.
- Letter of Intent (LoI) received on 10th July, 2026.
Business Update
Positive
2026-07-09 17:32
- Order Win: POWERGRID declared successful bidder for an Inter-State Transmission System project.
- Project Name: "Augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG)".
- Basis: Build, Own, Operate and Transfer (BOOT).
- Details: Involves augmentation and bay extension works at Bhadla-III S/S and Ramgarh S/S (Rajasthan) and Kanpur S/S (Uttar Pradesh).
- LoI Received: July 09, 2026.
Governance
Positive
2026-07-01 22:08
- Shri Dharambir Kumar, Chief General Manager, POWERGRID, has been promoted as Executive Director (ED) (Senior Management Personnel - one level below the Board of Directors) effective July 01, 2026.
- He will be in-charge of the National Project Monitoring Control Center (NPMCC) department.
Governance
Neutral
2026-07-01 13:30
- Dr. Yatindra Dwivedi, Director (Personnel), entrusted with additional charge as Director (Finance) of POWERGRID from July 1, 2026.
- This arrangement is for three months or until a regular incumbent is appointed.
Governance
Positive
2026-07-01 13:28
- Shri Venkata Subrahamanayam Vallurie appointed as Chief Financial Officer (CFO) of the Company, effective July 01, 2026.
- Smt. Anjana Luthra appointed as Company Secretary & Compliance Officer, effective June 10, 2026.
- Board approved upgradation of SCADA and Associated Systems at an estimated cost of ₹485.04 Cr.
- Board approved availing JPY 80 billion unsecured term loan facility from JBIC and other financial institutions.
Governance
Neutral
2026-07-01 12:01
- Shri Ravisankar Ganesan ceased to be Director (Finance) & Chief Financial Officer (KMP) of POWERGRID.
- The cessation is effective June 30, 2026, upon attaining the age of superannuation.
Governance
Neutral
2026-07-01 11:50
- Shri Ravisankar Ganesan, Director (Finance) & CFO (KMP) of POWERGRID, ceased to be in office. - This change is effective from June 30, 2026, due to attaining the age of superannuation.
Business Update
Positive
2026-06-30 23:04
- Acquisition: POWERGRID acquired WR ER Part A Power Transmission Limited as the successful bidder under Tariff-Based Competitive Bidding on 30.06.2026.
- Purpose: To establish an Inter-State Transmission system for "WR-ER Inter-Regional Network Expansion Scheme Part-A" on a Build, Own, Operate, and Transfer (BOOT) basis.
- Project Details: Includes establishment of 2 new 765/400kV substations and construction of 765kV & 400kV transmission lines across Jharkhand, Chhattisgarh, and Odisha.
- Acquisition Cost: Approximately ₹18.62 Crore for 100% shareholding.
Governance
Neutral
2026-06-30 23:03
- Shri Harinarayanan Puthan Kalam, Executive Director (ED) of POWERGRID, ceased to be ED (Senior Management Personnel) on June 30, 2026, upon attaining the age of superannuation.
Business Update
Positive
2026-06-29 19:31
- POWERGRID acquired Kakinada I Transmission Limited (KITL) on 29.06.2026, after emerging as the successful bidder under Tariff Based Competitive Bidding.
- The acquisition is for establishing a transmission system for proposed Green Hydrogen/Ammonia projects in Kakinada (Phase-I).
- The project involves a new 765/400kV GIS Sub-station, STATCOM, and 765kV transmission lines in Andhra Pradesh.
- The acquisition cost is approximately ₹20.50 Crore for 100% shareholding.
Business Update
Positive
2026-06-27 00:40
- Power Grid Corporation of India Limited announced the commissioning of the "Transmission scheme for Solar Energy Zone in Ananthpuram (2500 MW) and Kurnool (1000 MW), Andhra Pradesh".
- The project was fully commissioned with effect from June 24, 2026.
- Notification for Commercial Operation (DOCO) was received on June 26, 2026.
Business Update
Neutral
2026-06-26 15:56
- Committee of Directors for Bonds approved the General Information Document (GID) for the issuance of POWERGRID Debentures/Bonds for fiscal year 2026-27.
- The debentures will be issued on a Private Placement basis.
Governance
Positive
2026-06-26 15:34
- Board approved enhancing borrowing limits from ₹1,80,000 Crore to ₹2,20,000 Crore, subject to AGM approval.
- Approved raising foreign currency funds of up to USD 500 million from Bank of Baroda.
- Approved investment of ₹772.65 Crore for the Udumalpet – Madurai 400kV line upgradation, to be completed by August 11, 2028.
Governance
Positive
2026-06-26 15:24
- Board approved enhancing borrowing limits from ₹1,80,000 Crore to ₹2,20,000 Crore, subject to AGM approval.
- Approved raising USD 500 million through External Commercial Borrowings (ECB) from Bank of Baroda.
- Sanctioned ₹772.65 Crore investment for Udumalpet – Madurai 400kV line upgrade, to be completed by August 2028.
Governance
Positive
2026-06-23 19:04
- Board Meeting scheduled for Friday, June 26, 2026.
- Agenda includes considering raising up to USD 500 million through External Commercial Borrowings (ECB).
- Also to consider the General Information Document for issuance of debentures/bonds for FY 2026-27.
- Trading window closed from June 24, 2026, until 48 hours after the declaration of Q1 financial results.
Governance
Neutral
2026-06-23 15:48
- The trading window will close from June 24, 2026, for consideration of debenture issuance for FY26-27 and ahead of Q1 FY27 financial results.
- A Committee of Directors meeting is scheduled for June 26, 2026, to approve the General Information Document for debentures.
- The window will reopen 48 hours after financial results declaration for the quarter ending June 30, 2026.
Business Update
Positive
2026-06-16 23:23
- Order Win: Power Grid Corporation of India Limited (POWERGRID) declared successful bidder under Tariff Based Competitive Bidding for establishing an Inter-State Transmission System.
- Project Name: "WR-ER Inter-Regional Network Expansion Scheme Part-A".
- Project Scope: Includes establishment of new 765/400kV Sub-stations and extension of existing ones in Jharkhand, Chhattisgarh, and West Bengal, along with construction of 765kV & 400kV transmission lines across Jharkhand, Chhattisgarh, and Odisha.
- Basis: Build, Own, Operate and Transfer (BOOT).
- Letter of Intent (LoI) received: 16th June, 2026.
Business Update
Positive
2026-06-12 19:29
- Order Win: POWERGRID declared successful bidder for establishing an Inter-State Transmission System for "Green Hydrogen / Green Ammonia projects in Kakinada area (Phase-I)".
- Project Details: The project involves a new 765/400kV GIS Sub-station with STATCOM and 765kV transmission line in Andhra Pradesh on Build, Own, Operate and Transfer (BOOT) basis.
- LoI Received: June 12, 2026.
Governance
Negative
2026-06-10 19:56
CRITICAL RED FLAG DETECTED
- Shri Satyaprakash Dash ceased as Company Secretary & Compliance Officer of POWERGRID effective June 10, 2026.
- The resignation is due to other assignments within the Finance Department, with no other material reasons stated.
Governance
Positive
2026-06-10 19:53
- Board approved upgradation of SCADA and Associated Systems at an estimated cost of ₹485.04 Crore.
- Approved availing Unsecured Term Loan Facility of JPY 80 billion from JBIC and other financial institutions.
- Smt. Anjana Luthra appointed as Company Secretary & Compliance Officer (w.e.f. June 10, 2026).
- Shri Venkata S V appointed as Chief Financial Officer (w.e.f. July 01, 2026).
Governance
Positive
2026-06-10 19:52
- Board meeting held on 10th June 2026.
- Approved upgradation of SCADA and Associated Systems at an estimated cost of ₹485.04 Crore.
- Approved availing Unsecured Term Loan Facility of JPY 80 billion from JBIC and other financial institutions.
- Appointed Smt. Anjana Luthra as Company Secretary & Compliance Officer (w.e.f. 10th June 2026).
- Appointed Shri Venkata S V as Chief Financial Officer (CFO) (w.e.f. 1st July 2026).
Governance
Positive
2026-06-10 19:50
- Board of Directors approved upgradation of SCADA and Associated Systems at an estimated cost of ₹485.04 Crore.
- Approved availing Unsecured Term Loan Facility in Japanese Yen (JPY) 80 billion from JBIC and Participating Financial Institutions.
- Appointed Smt. Anjana Luthra as Company Secretary & Compliance Officer effective 10th June, 2026.
- Appointed Shri Venkata S V as Chief Financial Officer effective 01st July, 2026.
Governance
Neutral
2026-06-04 19:20
- Board meeting scheduled for June 10, 2026, to consider fund-raising through Unsecured Term Loan Facility.
- Trading window will remain closed from June 5, 2026, to June 12, 2026.
Business Update
Positive
2026-06-03 22:18
- POWERGRID has commissioned the "Transmission Network Expansion in Gujarat to increase ATC from ISTS, Part-B" project.
- The project was commissioned on May 13, 2026, with confirmation for Commercial Operation received on June 03, 2026.
Governance
Positive
2026-06-01 21:10
- Shri Sunil Kumar, Chief General Manager, has been promoted to Executive Director (ED) (Senior Management Personnel) at POWERGRID, effective June 1, 2026.
Governance
Neutral
2026-05-31 19:35
POWERGRID announced that Shri Mohammad Quamrul Huda, Executive Director (ED) and Senior Management Personnel, ceased to be an ED effective May 31, 2026, upon attaining the age of superannuation. This is a routine change in senior management.
Business Update
Positive
2026-05-29 18:56
Power Grid Corporation of India Limited (POWERGRID) acquired 100% shareholding in Tumkur II RE Transmission Limited (TRETL) for approximately ₹15.46 Crore on May 29, 2026. TRETL is a Project SPV established to build a 400 kV D/c Transmission Line in Karnataka for strengthening the transmission system to integrate an additional 2.7 GW of renewable energy potential. This acquisition was made under the Tariff Based Competitive Bidding route.
Governance
Negative
2026-05-28 18:05
CRITICAL RED FLAG DETECTED
POWERGRID received notices from BSE and NSE dated May 27, 2026, for non-compliance with Regulation 17(1) of SEBI LODR regarding the composition of its Board during the quarter ended March 31, 2026. Fines of Rs. 5,31,000/- (incl. GST) each were imposed. The company, being a Government entity, stated that director appointments rest with the President of India and the matter has been taken up with the Ministry of Power. POWERGRID has requested a waiver of the fines.
Business Update
Positive
2026-05-25 15:53
POWERGRID reported strong operational performance with over 99.75% system availability and achieved CapEx of ₹40,000 Cr for FY26, surpassing earlier guidance. Management guided for CapEx of approximately ₹37,000 Cr for FY27 and ₹40,000-45,000 Cr for FY28. Capitalization is projected at ₹30,000 Cr for FY27 and up to ₹35,000 Cr for FY28, with potential for further upgrades. Growth drivers include India's energy transition, a robust order pipeline of ₹1.7 lakh Cr works in hand and ₹1.1 lakh Cr projects under bidding, and new opportunities in Battery Energy Storage Systems (BESS) and international PPP projects. The company anticipates significantly better earnings growth and top-line expansion in the next three years.
Business Update
Neutral
2026-05-19 00:59
POWERGRID informed about the Analysts' & Institutional Investors' Meet held on May 18, 2026. Senior Management discussed the company's business and outlook post the declaration of audited financial results for the 4th quarter and financial year ended March 31, 2026. The filing provides audio and video recording links for the meet.
Governance
Neutral
2026-05-16 15:51
Smt. Sajal Jha, a Non-Official Director (Independent Director) of POWERGRID, ceased to be on the Board from May 15, 2026, following the completion of her tenure. This disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Governance
Neutral
2026-05-16 15:47
Power Grid Corporation of India Limited (POWERGRID) informed that Smt. Sajal Jha, a Non-Official Director (Independent Director), ceased to be on the Board effective May 15, 2026, following the completion of her tenure. This disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Governance
Positive
2026-05-16 15:46
POWERGRID announced the promotion of three Chief General Managers, Shri Jiten Das, Shri Rajiv Gandhi, and Shri Sanjay Kumar Gupta, to the position of Executive Director (Senior Management Personnel, one level below the Board), effective May 15, 2026.
Business Update
Positive
2026-05-15 21:19
POWERGRID's Committee of Directors on Investment on Projects has approved three new proposals totaling ₹584.13 Crore. This includes the augmentation of Tuticorin-II GIS Sub Station at an estimated cost of ₹132.06 Crore (commissioned by Feb 2028), and the installation of OPGW & associated communication systems on existing ISTS lines in the WR Region (₹308.49 Crore) and ER Region (₹143.58 Crore), both scheduled for commissioning within 30 months from Sept 2028.
Governance
Positive
2026-05-15 20:17
POWERGRID's Board of Directors met on May 15, 2026, approving the Audited Financial Results for FY26 with an unmodified opinion. The board recommended a final dividend of Rs. 1.25 per equity share, bringing the total dividend for FY26 to Rs. 9.00 per share, including previous interim dividends. Additionally, the company approved raising funds up to Rs. 5,000 Crore via unsecured rupee term loans/lines of credit.
Financials
Negative
2026-05-15 19:50
Consolidated Revenue ₹11,665.61 Cr vs ₹12,275.35 Cr (▼4.96% YoY), EBITDA ₹9,065.61 Cr vs ₹10,223.60 Cr (▼11.32% YoY), PAT ₹4,546.33 Cr vs ₹4,142.87 Cr (▲9.73% YoY). EBITDA Margin 77.71% vs 83.28% (▼557bps). The company recommended a final dividend of ₹1.25 per share, bringing the total dividend for FY2025-26 to ₹9.00 per share, and approved raising up to ₹5,000 Crore through unsecured rupee term loans.
Business Update
Neutral
2026-05-12 21:19
Power Grid Corporation of India Limited announced an Analysts' & Institutional Investors' Meet on Monday, 18th May, 2026, at 11:30 A.M. (IST) in Mumbai. Senior Management will discuss the company's business and outlook following the declaration of audited financial results for the 4th quarter and financial year ended 31st March, 2026, and will interact with analysts and investors.
Financials
Neutral
2026-05-08 18:58
POWERGRID's Board Meeting to consider Audited Financial Results for the Financial Year ended March 31, 2026, and recommend a Final Dividend for FY26, has been pre-poned from May 16, 2026, to May 15, 2026. The trading window will remain closed till May 17, 2026, and will open on May 18, 2026.
Governance
Neutral
2026-05-06 12:50
POWERGRID announced that its Board of Directors will meet on Saturday, May 16, 2026, to consider and approve the audited financial results for the financial year ended March 31, 2026, and to recommend a final dividend for FY 2025-26. The trading window remains closed from March 31, 2026, until May 18, 2026, reopening on May 19, 2026.
Governance
Positive
2026-04-30 11:52
The Board of Directors of POWERGRID, in its meeting held on April 30, 2026, approved the raising of funds up to Rs. 4,000 Crore through an Unsecured Rupee Term Loan/Line of Credit (Bank Facility) from State Bank of India.
Routine
Neutral
2026-04-22 22:21
New Filing detected. See link for details.
Governance
Neutral
2026-04-16 11:52
Shri Shiv Tapasya Paswan and Shri Rohit Vaswani ceased to be Non-Official (Independent) Directors of POWERGRID on April 15, 2026, upon completion of their respective tenures as per the Ministry of Power's order dated April 16, 2025.
Governance
Negative
2026-04-16 11:51
CRITICAL RED FLAG DETECTED
Power Grid Corporation of India Limited informed that Shri Shiv Tapasya Paswan and Shri Rohit Vaswani ceased to be Non-Official (Independent) Directors on the Board effective April 15, 2026, due to the completion of their tenures.
Governance
Neutral
2026-04-16 11:47
Two Independent Directors, Shri Shiv Tapasya Paswan and Shri Rohit Vaswani, completed their tenure and ceased to be on POWERGRID's Board from April 15, 2026, as per Ministry of Power orders.
Governance
Neutral
2026-04-06 22:04
Shri Burra Vamsi Rama Mohan, CMD of POWERGRID, has been given additional charge for the post of Director (Projects) for a period of three months, effective April 1st, 2026, or until a regular incumbent takes over, as per Ministry of Power order dated April 6th, 2026.
Routine
Neutral
2026-04-06 15:35
Power Grid Corporation of India Limited submitted the Regulation 74(5) certificate from KFin Technologies Limited for the quarter ended March 31, 2026. The certificate confirms the details of securities dematerialized/rematerialized have been furnished to stock exchanges.
Business Update
Positive
2026-04-01 22:36
POWERGRID was declared a successful bidder under Tariff Based Competitive Bidding for the 'Transmission System Strengthening at Tumkur-II for Integration of Additional RE Potential (2.7 GW)' project on BOOT basis. The project, involving a 400 kV D/c Transmission Line in Karnataka, secured an LoI on April 1, 2026.
Business Update
Positive
2026-04-01 18:51
Transcript of webinar for analysts and investors held on March 23, 2026. Power Grid Corporation of India Limited discussed business updates, revising FY26 Capex guidance to over ₹35,000 crore and committing to capitalization exceeding ₹25,000 crore for the financial year.
Governance
Positive
2026-04-01 18:25
POWERGRID announced the promotion of Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar from Chief General Manager(s) to Executive Director (ED), effective April 1, 2026. These promotions are for Senior Management Personnel positions.
Governance
Positive
2026-04-01 12:48
The Board approved the appointment of Shri Burra Vamsi Rama Mohan, Director (Projects), as Chairman & Managing Director (CMD) of POWERGRID, effective 01st April, 2026. He assumed charge on the same date.
Routine
Neutral
2026-04-01 10:33
New Filing detected. See link for details.
Routine
Neutral
2026-04-01 10:31
New Filing detected. See link for details.
Governance
Neutral
2026-03-31 19:25
Power Grid Corporation of India Limited announced the cessation of Shri Ashwani Kumar Gupta and Shri Jasbir Singh, Executive Directors (Senior Management Personnel), from their positions effective March 31, 2026, due to superannuation.
Business Update
Positive
2026-03-27 18:52
POWERGRID announced the successful commissioning of the 'Transmission System for Power Evacuation from Arun-3 (900 MW) HEP, Nepal of M/s SAPDC - Indian Portion' project. The project was commissioned with effect from September 3, 2023.
Business Update
Neutral
2026-03-24 22:40
POWERGRID has provided a link to the video recording of the webinar for Analysts & Investors held on March 23, 2026. The webinar covered the Company's business update and interaction with stakeholders.
Business Update
Neutral
2026-03-23 22:27
POWERGRID filed the audio recording of its webinar for Analysts & Investors held on March 23, 2026. Senior Management discussed the company's business update and interacted with participants. The recording link is provided for access.
Routine
Neutral
2026-03-23 15:44
The trading window for POWERGRID will be closed from March 31, 2026, until 48 hours after the declaration of financial results for the quarter and year ending March 31, 2026.
Business Update
Positive
2026-03-23 10:47
Power Grid Corporation of India Limited submitted a presentation for a webinar held on March 23, 2026, for investors and analysts. The presentation provides a business update, focusing on growth visibility, resilient earnings, strategic expansion, capex guidance, and long-term value creation, highlighting a structural transmission capex upcycle.
Business Update
Positive
2026-03-19 23:40
On March 19, 2026, the Board approved the merger of 28 wholly owned subsidiaries into 2 other WOS, superseding a prior proposal for 11 WOS. This aims to consolidate business, achieve operational efficiencies, and simplify the organizational structure, subject to regulatory approvals.
Business Update
Positive
2026-03-19 23:39
POWERGRID's Board of Directors approved an investment of ₹705.30 Crore on March 19, 2026, for the procurement of cold spare Transformers & Reactors. The project is scheduled for implementation within 30 months.
Business Update
Neutral
2026-03-17 18:26
Power Grid Corporation of India Limited will hold a webinar for analysts and investors on Monday, 23rd March 2026, at 11:00 A.M. (IST) to provide a business update.
Business Update
Positive
2026-03-16 19:09
POWERGRID's Board Meeting on March 19, 2026, will consider merging 28 wholly-owned subsidiaries into 2. The trading window will be closed from March 17 to March 21, 2026, reopening on March 22, 2026.
Business Update
Positive
2026-03-12 18:48
POWERGRID acquired NES Pune East New Transmission Limited (NPENTL) on March 12, 2026, for approximately ₹8.05 Crore (100% shareholding). This acquisition, under the TBCB route, is for establishing a network expansion scheme in Maharashtra.
Governance
Positive
2026-03-09 20:27
POWERGRID's board on Mar 09, 2026, approved raising ₹5,000 Cr loan, ₹233.96 Cr investment for a Security Operations Center, divestment of CTUIL stake, and a strategic alliance for a transmission project in Uganda.
Governance
Neutral
2026-03-03 23:06
POWERGRID's Board of Directors will meet on March 09, 2026, to consider fund raising via unsecured rupee term loan/line of credit. The trading window will remain closed from March 04 to March 11, 2026.
Governance
Positive
2026-03-02 18:54
POWERGRID announced that SEBI, vide its letter dated March 02, 2026, has granted the company relaxation from compliance with Regulation 102, 17(10), and 25(4)(a) & 25(4)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Governance
Negative
2026-02-28 20:43
CRITICAL RED FLAG DETECTED
Powergrid received notices from BSE & NSE on Feb 27, 2026, for non-compliance with SEBI LODR Regulation 17(1) (Board composition) for Q3 FY25, incurring fines of ₹5,42,800 (incl. GST) each. The company is seeking a waiver from the stock exchanges.
Business Update
Positive
2026-02-24 22:17
Cabinet Committee on Economic Affairs approved enhanced delegation to POWERGRID on Feb 24, 2026, increasing the permissible equity investment limit from Rs. 5,000 Cr to Rs. 7,500 Cr per subsidiary to enable investment expansion and participation in large projects.
Business Update
Positive
2026-02-24 18:23
POWERGRID Narela Transmission Limited, a wholly-owned subsidiary, has successfully commissioned the Inter-State Transmission System for 8.1 GW solar power in Rajasthan, effective 07th December, 2025. The Notification for Commercial Operation (DOCO) was received on 24th February, 2026.
Routine
Neutral
2026-02-12 22:59
New Filing detected. See link for details.
Routine
Neutral
2026-02-12 22:56
New Filing detected. See link for details.
Business Update
Positive
2026-02-11 22:21
POWERGRID declared successful bidder for the "Network Expansion scheme in Maharashtra" project to establish an Intra-State Transmission System on BOOT basis. The Letter of Intent was received on 11th February 2026.
Financials
Positive
2026-02-09 23:19
Power Grid Corporation of India Limited's Analysts' Meet on Feb 2, 2026, discussed Q3 FY2025-26 unaudited financial results. The company reported exceeding 9-month CAPEX targets (₹26,761 Cr vs ₹17,651 Cr previous year), aiming to surpass ₹32,000 Cr for FY26, and crossed ₹3 trillion in gross fixed assets.