POWERGRID

Power Grid Corporation of India Limited

NSE BSE
Last Traded Price
₹257.95 -3.4 (-1.3%)
Open
₹261
High
₹262
Low
₹257
Prev Close
₹261.35
Industry
Power - Transmission
Market Cap
239909.08 Cr

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Filing History

Recent corporate announcements and filings for POWERGRID

Governance Neutral
2026-11-06 22:56
- Power Grid Corporation of India Limited has appointed Shri Anupam Kumar as Non-Executive (Govt. Nominee) Director effective November 06, 2026. - Shri Anupam Kumar is a 2003 batch IAS officer currently serving as Joint Secretary in the Ministry of New and Renewable Energy (MNRE). - Shri Abhay Bakre has ceased to be the Government Nominee Director on the Board of the company effective November 03, 2026.
Governance Neutral
2026-11-06 22:55
- Shri Anupam Kumar has been appointed as Government Nominee Director on the Board of POWERGRID effective 6th November, 2026. - He is a 2003-batch IAS officer and Joint Secretary in the Ministry of New and Renewable Energy (MNRE). - Shri Abhay Bakre has ceased to be the Government Nominee Director on the Board of POWERGRID effective 3rd November, 2026.
Business Update Neutral
2026-11-04 00:47
- POWERGRID shared the audio and video recording links of the Analysts & Institutional Investors Meet held on November 03, 2026. - Management discussed the company's business and outlook following the Q2/H1 FY27 results declaration.
Business Update Neutral
2026-11-04 00:45
- Analysts' & Institutional Investors' Meet held on November 03, 2026, at Mumbai. - Senior Management discussed business and outlook post Q2 and H1 FY27 financial results. - Audio and video recording links of the meet have been made available.
Governance Neutral
2026-11-03 22:05
- Shri Anupam Kumar appointed as Government Nominee Director on the Board of POWERGRID w.e.f. November 03, 2026. - Shri Abhay Bakre ceased to be Government Nominee Director on the Board of POWERGRID w.e.f. November 03, 2026.
Governance Neutral
2026-11-03 22:05
- Shri Anupam Kumar appointed as Government Nominee Director on the Board of POWERGRID w.e.f. 3rd November, 2026. - Shri Abhay Bakre ceased to be Government Nominee Director on the Board of POWERGRID w.e.f. 3rd November, 2026.
Governance Neutral
2026-11-03 21:52
- Shri Anupam Kumar has been appointed as Government Nominee Director on the Board of POWERGRID with effect from 3rd November, 2026. - Shri Abhay Bakre has ceased to be Government Nominee Director on the Board of POWERGRID w.e.f. 3rd November, 2026.
Governance Neutral
2026-11-03 21:52
- Shri Anupam Kumar has been appointed as Government Nominee Director on the Board of POWERGRID w.e.f. 3rd November, 2026. - Shri Abhay Bakre has ceased to be Government Nominee Director on the Board of POWERGRID w.e.f. 3rd November, 2026.
Business Update Positive
2026-11-03 14:56
Power Grid Corporation released its investor presentation for Q2 & H1 FY27, highlighting a gross fixed assets base of over ₹3.29 lakh crore and a strong system availability of 99.81% in H1 FY27. Capex guidance for FY27 is maintained at ₹37,000 - ₹40,000 crore, with capitalisation guidance at ₹25,000 - ₹30,000 crore. Company maintains highest domestic credit ratings (AAA) and stable international ratings.
Business Update Positive
2026-11-03 14:51
Power Grid Corporation of India Ltd released its Q2 & H1 FY27 Investor Presentation detailing robust operational performance, high system availability of 99.81%, major transmission assets commissioned, and a FY27 capex guidance of ₹37,000-40,000 crore. - Maintained consistent high asset availability and successful execution of TBCB and strategic transmission projects. - Reaffirmed strong domestic and international credit profiles alongside strategic SPV rationalization.
Business Update Positive
2026-11-03 12:04
- The Regional Director, Northern Region Directorate I, Ministry of Corporate Affairs has confirmed the schemes of merger/amalgamation for 28 wholly owned subsidiary companies into 2 other wholly owned subsidiary companies. - The confirmation orders are dated November 2, 2026. - The schemes are active effective from November 2, 2026. - The merger aims to consolidate businesses, create larger unified entities, reduce the number of group entities, and achieve operational efficiencies.
Business Update Positive
2026-11-03 12:02
- Power Grid Corporation of India announced that the Regional Director, Northern Region Directorate I, Ministry of Corporate Affairs has confirmed schemes for the merger or amalgamation of 28 wholly owned subsidiaries into 2 other wholly owned subsidiaries. - The confirmation orders are dated November 2, 2026, and the schemes become effective from November 2, 2026. - The corporate restructuring aims to achieve operational efficiencies, simplify administrative tasks, and streamline the organizational structure.
Business Update Neutral
2026-11-01 21:08
- Power Grid Corporation of India Ltd announced the Board approval to sell and transfer its entire equity shares held in Central Transmission Utility of India Limited (CTUIL), a wholly owned subsidiary, to Grid Controller of India Limited (GRID-INDIA). - The purchase price includes an initial payment of ₹73.46 crore and a true-up amount based on valuation up to the closing date within 3 months.
Business Update Neutral
2026-11-01 20:56
- Power Grid Corporation of India Limited has approved the sale and transfer of its entire equity holding in Central Transmission Utility of India Limited (CTUIL), a wholly owned subsidiary, to Grid Controller of India Limited (GRID-INDIA). - The purchase price includes an initial payment of ₹73.46 crore (after adjusting Net Asset Value of ₹76.85 crore with Specified Liability Deductions of ₹3.39 crore) plus a true-up amount to be determined based on valuation up to the closing date. - The transaction is expected to be completed within 3 months from the date of signing of the Share Purchase Agreement.
Financials Positive
2026-11-01 20:50
- Board approved 1st Interim Dividend of ₹3.00 per share (30% on face value of ₹10) for FY 2026-27. - Record date fixed as November 06, 2026. - Dividend will be paid to eligible members on November 30, 2026. - Approved Unaudited Financial Results for the quarter and half-year ended September 30, 2026.
Financials Positive
2026-11-01 20:46
Q2 FY27 Consolidated Revenue ₹11,816.22Cr vs ₹11,475.95Cr (▲3.0% YoY) EBITDA ₹9,716.42Cr vs ₹9,055.07Cr (▲7.3% YoY) PAT ₹3,866.16Cr vs ₹3,566.08Cr (▲8.4% YoY) EBITDA Margin 82.23% vs 78.90% (▲333bps) Declared 1st Interim Dividend of ₹3.00 per share (30%) for FY 2026-27 with Record Date as 06th November, 2026.
Financials Positive
2026-11-01 20:24
Q2 FY27 Standalone Revenue ₹10,048.43Cr vs ₹9,999.60Cr (▲0.5% YoY) EBITDA ₹8,237.23Cr vs ₹8,009.60Cr (▲2.8% YoY) PAT ₹3,819.08Cr vs ₹3,554.80Cr (▲7.4% YoY) EBITDA Margin 82.0% vs 80.1% (▲188bps) Declared 1st Interim Dividend of ₹3.00 per share (Record Date: Nov 06, 2026)
Financials Positive
2026-11-01 20:23
- Board declared 1st Interim Dividend of ₹3.00 per equity share (30% on face value of ₹10) for FY 2026-27. - Record Date fixed as Friday, November 06, 2026. - Interim dividend payment date scheduled for Monday, November 30, 2026. - Approved Unaudited Financial Results (Standalone and Consolidated) for the quarter ended September 30, 2026.
Financials Positive
2026-11-01 20:12
Q2 FY27 Consolidated Revenue ₹11,816.22Cr vs ₹11,475.95Cr (▲3.0% YoY) EBITDA ₹9,716.42Cr vs ₹9,055.07Cr (▲7.3% YoY) PAT ₹3,866.16Cr vs ₹3,566.08Cr (▲8.4% YoY) EBITDA Margin 82.2% vs 78.9% (▲333bps) Declared 1st Interim Dividend of ₹3.00 per share (30%) for FY 2026-27; Record Date: November 06, 2026
Governance Neutral
2026-10-30 20:52
- Shri Pankaj Pandey, Executive Director, has been appointed as Director (Operations) of Power Grid Corporation of India Limited. - The appointment is effective from 01.12.2026 or the date of assumption of charge, until his superannuation on 30.06.2030, or until further orders.
Governance Neutral
2026-10-30 20:51
- Shri Pankaj Pandey, Executive Director, has been appointed as Director (Operations) of Power Grid Corporation of India Limited. - The appointment is effective from the date of assumption of charge on or after 01.12.2026 until 30.06.2030 or until further orders, whichever is earlier.
Business Update Neutral
2026-10-28 23:14
Concall Schedule Concall Date: 3rd November, 2026 Concall Time: 15:00 hours (India Time)
Business Update Neutral
2026-10-28 23:12
Concall Schedule Concall Date: 3rd November, 2026 Concall Time: 15:00 hrs IST
Governance Positive
2026-10-28 15:45
- Board meeting scheduled on November 01, 2026, to approve Q2 FY27 unaudited financial results and consider 1st Interim Dividend. - Record date for the interim dividend fixed as November 06, 2026, if declared. - Trading window to reopen on November 04, 2026.
Governance Neutral
2026-10-28 15:40
- Board Meeting scheduled on 01st November, 2026 to consider Q2 FY26-27 unaudited financial results and declaration of 1st Interim Dividend. - Record Date for payment of 1st Interim Dividend (if declared) is fixed as Friday, 06th November, 2026. - Trading window will reopen on Wednesday, 04th November, 2026.
Governance Positive
2026-10-28 15:27
- Board meeting scheduled on November 1, 2026, to consider Q2 FY27 unaudited financial results. - Board to also consider declaration of 1st Interim Dividend for FY 2026-27. - Record date fixed as November 6, 2026, for determining eligibility for the interim dividend. - Trading window reopens on November 4, 2026.
Business Update Positive
2026-10-23 17:05
- Power Grid Corporation of India Limited announced the complete commissioning of the transmission project for the integration of Renewable Energy Zone (Phase-II) in Koppal-II (Phase-A & B) and Gadag-II (Phase-A) in Karnataka. - Commercial Operation (DOCO) for the project became effective on 23rd October, 2026. - The project was originally handled by POWERGRID Koppal Gadag Transmission Ltd (PKGTL), which amalgamated into POWERGRID Khavda II-C Transmission Limited effective 1st March 2026.
Business Update Positive
2026-10-23 17:04
- Power Grid Corporation of India Ltd announced the complete commissioning of the transmission project in Karnataka. - Project Name: Transmission Scheme for integration of Renewable Energy Zone (Phase-II) in Koppal-II (Phase-A & B) and Gadag-II (Phase-A). - Commercial Operation Date (DOCO) effective from 23rd October, 2026. - Executed through its subsidiary PKGTL, subsequently amalgamated with POWERGRID Khavda II-C Transmission Limited.
Business Update Positive
2026-10-16 17:08
Order Win: Power Grid Corporation of India Ltd won order to establish Intra-State Transmission System project for 'Establishment of 765kV GIS Pune West' under TBCB Order Value: Annual Transmission Charges of ₹199.55 Crore Completion Timeline: BOOT basis (Build, Own, Operate and Transfer)
Business Update Positive
2026-10-16 17:06
Order Win: Power Grid Corporation of India Limited won order for establishment of 765kV GIS Pune West under TBCB Order Value: Annual Transmission Charges of ₹199.55 Crore Completion Timeline: Build, Own, Operate and Transfer (BOOT) basis
Business Update Positive
2026-10-12 21:50
Power Grid Corporation has acquired Jam Khambhaliya REZ Transmission Limited on 12.10.2026 under the TBCB route. - Acquisition done for an aggregate value of about ₹19.22 Crore for 100% stake (10,000 equity shares). - Project involves transmission system for integration of power from RE projects in Jam Khambhaliya REZ (Gujarat) and Jamnagar on a BOOT basis. - Target entity is in the power transmission business and is yet to start commercial operations.
Business Update Positive
2026-10-12 21:50
Power Grid Corporation of India Limited acquired Lakadia C Power Transmission Limited on 12.10.2026 under the TBCB route. - Acquisition cost is approximately ₹19.94 Crore for 100% stake (10,000 equity shares at par at ₹10/- each). - The project involves establishing the 765/400/220 kV Alephata Sub-station and associated transmission lines in Maharashtra. - The target entity was incorporated on 29.04.2026 and is yet to commence commercial operations.
Business Update Positive
2026-10-12 21:43
Power Grid Corporation of India Limited acquired Lakadia C Power Transmission Limited on 12.10.2026 under the Tariff Based Competitive Bidding (TBCB) route. - The acquisition is for establishing an inter-state transmission system for power evacuation on a BOOT basis. - The project involves a new 765/400/220 kV Alephata Sub-station and associated transmission lines in Maharashtra. - Total acquisition cost is approximately ₹19.94 Crore for a 100% stake.
Business Update Positive
2026-10-12 21:43
- Power Grid Corporation of India has acquired Jam Khambhaliya REZ Transmission Limited on October 12, 2026. - The acquisition is for 100% stake (10,000 equity shares at par at ₹10 each) for an aggregate cash consideration of about ₹19.22 Crore. - The target entity was formed as a Project SPV under the TBCB route to establish a transmission system for RE projects in Gujarat (Phase II and Jamnagar Phase I). - The project involves setting up a new GIS substation at Kalyanpur, ICT augmentation, bay extension, and 765 kV transmission lines.
Business Update Positive
2026-10-12 17:37
- Power Grid Corporation of India has acquired Lakadia II Power Transmission Limited on 12.10.2026 under the Tariff Based Competitive Bidding (TBCB) route. - The acquisition involves 100% shareholding for an aggregate cash consideration of about ₹18.43 Crore. - The project entails establishing the 765/400kV Lakadia-II Sub-station, associated transmission lines, and synchronous condenser in Gujarat for integrating RE projects. - The target entity was incorporated on 09.05.2026 and is yet to commence commercial operations.
Business Update Positive
2026-10-12 17:34
- Power Grid Corporation of India Limited acquired Lakadia II Power Transmission Limited on 12.10.2026 under the Tariff Based Competitive Bidding (TBCB) route. - The acquisition is for establishing an Inter-State Transmission system for integrating power from RE projects in Lakadia REZ, Gujarat, on a BOOT basis. - The aggregate acquisition value is approximately ₹18.43 Crore for 100% shareholding (50,000 equity shares at par at ₹10/- each plus assets and liabilities).
Business Update Positive
2026-10-11 22:25
- Power Grid Corporation of India Limited has successfully commissioned the project 'Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under phase-III Part-C1'. - The commercial operation date (DOCO) for the project is effective from 22nd September, 2026. - The project was originally handled by POWERGRID Ramgarh II Transmission Limited, which was amalgamated with POWERGRID Vataman Transmission Limited.
Business Update Positive
2026-10-11 22:22
- Power Grid Corporation of India has successfully commissioned the project 'Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under phase-III Part-C1'. - The project was completely commissioned with effect from 22nd September, 2026, with the DOCO received on 7th October, 2026.
Business Update Positive
2026-10-08 22:22
- Power Grid Corporation of India has successfully commissioned the 'Transmission Scheme for Solar Energy Zone in Bidar (2500 MW), Karnataka (TBCB)' project. - The commercial operation date (DOCO) for the project is effective from October 5, 2026. - The project was originally entrusted to POWERGRID Bidar Transmission Limited, which was amalgamated with POWERGRID Khavda II-C Transmission Limited.
Business Update Positive
2026-10-08 22:21
Power Grid Corporation of India announced the complete commissioning of the transmission project for the Solar Energy Zone in Bidar (2500 MW), Karnataka (TBCB). - The Commercial Operation Date (DOCO) is effective from 05th October, 2026. - The project was executed through its subsidiary (now amalgamated with POWERGRID Khavda II-C Transmission Limited).
Governance Neutral
2026-09-30 20:09
- Power Grid Corporation of India Limited has appointed Shri Akhilesh Pathak as Director (Projects) on the Board of the company effective September 30, 2026. - His term runs from the date of assumption of charge until his superannuation on May 31, 2028, or until further orders. - Shri Burra Vamsi Rama Mohan has relinquished additional charge of Director (Projects) following this appointment.
Governance Neutral
2026-09-30 20:09
- Power Grid Corporation of India Limited has informed about the cessation of Shri Atul Kumar Bali and Shri Dilip Nagesh Rozekar as Executive Directors (Senior Management Personnel). - The cessation is due to their attaining the age of superannuation on 30th September, 2026.
Governance Neutral
2026-09-30 20:08
- Power Grid Corporation of India Ltd announced the appointment of Shri Akhilesh Pathak as Director (Projects) effective September 30, 2026, until his superannuation on May 31, 2028. - Shri Burra Vamsi Rama Mohan relinquished the additional charge of Director (Projects) following this appointment. - Shri Akhilesh Pathak brings over 32 years of experience in the power sector.
Governance Neutral
2026-09-30 20:08
- Shri Atul Kumar Bali and Shri Dilip Nagesh Rozekar, Executive Directors and Senior Management Personnel of Power Grid Corporation of India Ltd, have ceased to hold their positions effective 30th September, 2026, upon attaining the age of superannuation.
Governance Neutral
2026-09-30 20:02
- Power Grid Corporation of India Limited announced the appointment of Shri Akhilesh Pathak as Director (Projects) on the Board of the company effective from September 30, 2026. - His term lasts until his superannuation on May 31, 2028, or until further orders, whichever is earlier. - Shri Burra Vamsi Rama Mohan relinquished the additional charge of Director (Projects) upon this assumption.
Governance Neutral
2026-09-30 20:00
- Power Grid Corporation of India Ltd announced the appointment of Shri Akhilesh Pathak as Director (Projects) on the Board of the company effective from 30th September, 2026. - His term is from the date of assumption of charge till his superannuation on 31st May, 2028, or until further orders. - Shri Burra Vamsi Rama Mohan relinquished the additional charge of Director (Projects) following this new appointment.
Business Update Positive
2026-09-26 16:59
- Power Grid Corporation of India Limited informed the exchange about the outcome of its board meeting held on September 26, 2026. - The Board approved raising of funds through Unsecured Rupee Term Loan/Line of Credit of up to ₹10,000 Crore from State Bank of India. - The board meeting commenced at 12:15 P.M. and concluded at 1:30 P.M.
Routine Neutral
2026-09-26 16:58
- Power Grid Corporation of India Ltd has announced the outcome of its board meeting held on 26th September, 2026. - The Board approved raising of funds through Unsecured Rupee Term Loan/Line of Credit of up to ₹10,000 Crore from State Bank of India. - The board meeting commenced at 12:15 P.M. and concluded at 1:30 P.M.
Business Update Positive
2026-09-26 16:43
Order Win: Power Grid Corporation of India Limited won order from Tariff Based Competitive Bidding (TBCB) for Common Transmission System for evacuation of power from Lakadia, Jam Khambhaliya and Jamnagar - Part-C Order Value: Rs. 430.67 Crore Annual Transmission Charges. Completion Timeline: Build, Own, Operate and Transfer (BOOT) basis.
Business Update Positive
2026-09-26 16:40
Order Win: Power Grid Corporation of India Ltd won project to establish Inter-State Transmission System under TBCB Order Value: Annual Transmission Charges of Rs. 430.67 Crore Completion Timeline: Build, Own, Operate and Transfer (BOOT) basis
Routine Neutral
2026-09-25 19:00
- Trading window will remain closed from September 30, 2026. - Closure will continue until 48 hours after declaration of financial results for the quarter and half-year ending September 30, 2026.
Routine Neutral
2026-09-25 18:54
- Trading window closed effective 30th September, 2026. - Window will remain closed until 48 hours after the declaration of financial results for the quarter and half-year ending 30th September, 2026.
Business Update Positive
2026-09-23 19:18
- POWERGRID acquired Barmer HVDC Power Transmission Limited (SPV) after being selected as the successful bidder under Tariff Based Competitive Bidding on 23.09.2026. - Project: Establish an Inter-State Transmission system for 6 GW power evacuation from Rajasthan REZ Ph-IV (Part-5) Barmer-II Solar Complex on BOOT basis. - Key Infrastructure: Includes 6000 MW, ± 800 kV HVDC terminals, a ~1000 km HVDC bipole line between Barmer-II & South Kalamb, and 400 kV transmission lines. - Acquisition Value: Approximately ₹18.98 Crore for 100% equity shares along with assets and liabilities.
Business Update Positive
2026-09-23 19:13
- POWERGRID acquired Barmer HVDC Power Transmission Limited (a Project SPV) on September 23, 2026, after being selected as the successful bidder under Tariff based competitive bidding (TBCB). - The acquisition is for establishing an Inter-State Transmission system to evacuate 6 GW power from Rajasthan REZ Ph-IV. - The project includes 6000 MW, ±800 kV HVDC terminals, a ~1000 km HVDC bipole line, and 400 kV transmission lines. - The cost of acquisition for 100% shareholding was approximately ₹18.98 Crore.
Governance Neutral
2026-09-22 14:39
- Board meeting scheduled for Saturday, September 26, 2026. - Purpose is to consider the proposal for raising funds through Unsecured Rupee Term Loan/Line of Credit (Bank Facility).
Business Update Positive
2026-09-18 11:53
- Powergrid's Committee of Directors approved raising funds up to ₹5,000 Cr. - This will be done through the issuance of Unsecured, Non-convertible, Redeemable, Taxable POWERGRID Bonds (84th Issue 2026-27) via Private Placement. - The bonds have a 10-year tenure with annual redemption starting from the 4th year and will be listed on BSE and NSE.
Business Update Positive
2026-09-18 11:51
- POWERGRID's Committee approved raising up to ₹5,000 Cr via unsecured, redeemable bonds (84th Issue 2026-27) on private placement. - These 10-year bonds, with annual redemption from year 4, will be listed on BSE and NSE.
Business Update Neutral
2026-09-15 17:31
- A Committee of Directors for Bonds meeting is scheduled on September 18, 2026, to consider issuing Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable Bonds (POWERGRID Bond - LXXXIV) via private placement.
Governance Neutral
2026-09-08 18:44
- Power Grid Corporation of India Limited announced the appointment of joint statutory auditors by the Comptroller & Auditor General of India (C&AG) for the Financial Year 2026-27. - The appointed firms are ASA & Associates LLP, BNCA & Co., Jain Paras Bilala & Co., and K C Mehta & Co. LLP.
Governance Neutral
2026-09-08 18:40
- Power Grid Corporation of India Limited announced the appointment of joint statutory auditors for the Financial Year 2026-27 by the Comptroller & Auditor General of India (C&AG) via letter dated September 07, 2026. - The appointed auditors are ASA & Associates LLP, BNCA & Co., Jain Paras Bilala & Co., and K C Mehta & Co. LLP.
Business Update Positive
2026-09-03 16:36
- Order Win: Power Grid Corporation of India Limited (POWERGRID) has been declared as successful bidder for a new transmission project. - Project Details: Inter-State Transmission System for Integration of Power from RE Projects in Lakadia REZ in Gujarat (Phase II, 7500MW) on Build, Own, Operate and Transfer (BOOT) basis. - Annual Transmission Charges: ₹1,152.49 Crore. - Project Scope: Includes establishment of a new 765/400kV Lakadia-II Sub-station, construction of 765kV transmission lines, and installation/commissioning of a Synchronous condenser.
Business Update Positive
2026-09-03 16:35
- Order Win: POWERGRID declared as successful bidder for an Inter-State Transmission System project for integrating power from RE projects in Lakadia REZ, Gujarat, on a Build, Own, Operate and Transfer (BOOT) basis. - Revenue: The project has quoted Annual Transmission Charges of ₹1,152.49 Crore.
Business Update Positive
2026-09-02 19:06
- Order Win: Power Grid Corporation of India Limited (POWERGRID) declared as successful bidder under Tariff Based Competitive Bidding for establishing an Inter-State Transmission System for power evacuation from Rajasthan REZ Ph-IV (Part-5: 6 GW) [Barmer Complex] Barmer-II: 6 GW (Solar) on Build, Own, Operate and Transfer (BOOT) basis. - Order Value (Annual Transmission Charges): ₹3,244.33 Crore. - Letter of Intent (LoI) received on: September 02, 2026.
Business Update Positive
2026-09-02 19:03
- Order Win: Power Grid Corporation of India Limited (POWERGRID) declared successful bidder under Tariff Based Competitive Bidding. - Order Value: Quoted Annual Transmission Charges of ₹3,244.33 Crore. - Other Details: The project involves establishing an Inter-State Transmission System for evacuation of 6 GW power from Rajasthan REZ Ph-IV (Barmer Complex) on a Build, Own, Operate and Transfer (BOOT) basis. The Letter of Intent was received on September 02, 2026.
Governance Neutral
2026-08-31 19:10
- Shri Vibhay Kumar, Executive Director (ED) of POWERGRID, has ceased to be Senior Management Personnel. - This is effective August 31, 2026, upon attaining the age of superannuation.
Governance Neutral
2026-08-31 19:08
- Shri Vibhay Kumar ceased to be Executive Director (Senior Management Personnel) of POWERGRID due to superannuation, effective August 31, 2026.
Business Update Positive
2026-08-28 18:30
- Acquisition: Power Grid Corporation of India Limited (POWERGRID) acquired Fatehgarh II Transmission Limited, a Project SPV. - Purpose: To establish an Inter-State Transmission system for 'Installation of 2 Nos. of Synchronous Condensers (SynCon) units at 765/400/220kV Fatehgarh-II PS' on a Build, Own, Operate, and Transfer (BOOT) basis. - Acquisition Value: Approximately ₹19.11 Crore. - Acquisition Date: 28.08.2026.
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 17:03
CRITICAL RED FLAG DETECTED
- POWERGRID received notices and fines (₹11,36,340 each) from BSE and NSE for non-compliance with SEBI LODR regulations regarding Board and committee composition due to a lack of independent directors for Q1 FY27 (quarter ended June 30, 2026). - The company attributes this to the President of India's authority in appointing directors and has requested a fine waiver.
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.
Governance Positive
2026-08-21 21:53
- Power Grid Corporation of India Limited's 37th Annual General Meeting (AGM) was held on August 20, 2026. All resolutions were duly approved by members with requisite majority, including the adoption of financial statements for FY2026, confirmation of interim and declaration of final dividend for FY2025-26, and re-appointment of Dr. Yatindra Dwivedi.
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.
Business Update Positive
2026-08-21 21:29
- Order Win: POWERGRID declared as successful bidder under Tariff Based Competitive Bidding (TBCB) for an Inter-State Transmission System project. - Project Details: Integration of Power from RE Projects in Jam Khambhaliya REZ (Phase II - 5500MW) and Jamnagar (Phase I - 1000 MW) in Gujarat, on a Build, Own, Operate and Transfer (BOOT) basis. - Order Value: Discovered tariff of ₹822.91 crore per annum. - LoI Date: Letter of Intent (LoI) received on August 21, 2026.
Governance Positive
2026-08-20 18:22
- The 37th Annual General Meeting was held on August 20, 2026. - Members adopted Audited Financial Statements for FY 2025-26 and approved dividends. - Approved enhancement of borrowing limits from ₹1,80,000 Cr to ₹2,20,000 Cr. - Approved raising funds up to ₹35,000 Cr for FY 2027-28. - Re-appointed directors and appointed Shri Burra Vamsi Rama Mohan as CMD.
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 Neutral
2026-08-20 13:45
- Shri Amol Babulal Taori was appointed as Director (Finance) and Chief Financial Officer (CFO) of POWERGRID, effective August 20, 2026. - Consequent to this appointment, Shri Venkata Subrahamanayam Vallurie ceased to be the CFO of the company. - Shri Taori's term as Director (Finance) is for a period of 5 years.
Governance Neutral
2026-08-20 13:37
- Shri Amol Babulal Taori (DIN: 11890590) appointed as Additional Director (Director (Finance)) and Chief Financial Officer (CFO) by the Board w.e.f. August 20, 2026. His term as Director (Finance) is for 5 years. - Shri Venkata Subrahamanayam Vallurie ceased to be the CFO. - Dr. Yatindra Dwivedi relinquished additional charge of Director (Finance) on August 18, 2026.
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
2026-08-20 13:31
CRITICAL RED FLAG DETECTED
- Shri Amol Babulal Taori (DIN: 11890590) was appointed as Additional Director (Finance) on August 18, 2026. - On August 20, 2026, he was further appointed as Director (Finance) and Chief Financial Officer (CFO) for a 5-year term. - Consequent to this appointment, Shri Venkata Subrahamanayam Vallurie ceased to be the CFO on August 20, 2026. - Shri Taori brings 30 years of experience in finance, treasury, and international trade, having previously served as Executive Director at HPCL.
Governance Neutral
2026-08-18 15:45
- Shri Amol Babulal Taori has been appointed as Director (Finance) on the Board of Power Grid Corporation of India Limited, effective August 18, 2026, for a term of 5 years. Also, Dr. Yatindra Dwivedi relinquished the additional charge of Director (Finance).
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).
Ownership Neutral
2026-08-18 15:41
- Life Insurance Corporation of India (LIC) acquired 1,909,000 shares of Power Grid Corporation of India Ltd through an open market purchase on August 17, 2026. - This acquisition increased LIC's shareholding from 4.989% to 5.010% of the total share capital, thereby crossing the 5% threshold, as disclosed under SEBI regulations.
Governance Neutral
2026-08-18 15:39
- Shri Amol Babulal Taori (DIN:11890590) appointed as Director (Finance) on the Board of POWERGRID, effective August 18, 2026, for a term of 5 years. - Dr. Yatindra Dwivedi relinquished the additional charge of Director (Finance) post. - The appointment was approved by the Board of Directors on August 18, 2026.
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.
Business Update Positive
2026-08-14 18:56
- The webinar discusses the financial performance for Q1 FY27, highlighting gross fixed assets exceeding ₹3.25 lakh crore and system availability at 99.8%. - PowerGrid commissioned 1,635 circuit kilometers and 10,500 MVA transformation capacity in Q1 FY27, with a capitalization of ₹5,277 crore. - The company secured 6 new transmission projects totaling an annual tariff of about ₹2,200 crore and successfully commissioned the first Synchronous Condenser project in India. - Total work in hand stands at ₹1.75 lakh crore, with a bidding pipeline of ₹1.19 lakh crore and a robust long-term sector outlook of over ₹15 lakh crore. - Q1 FY27 consolidated total income was ₹11,697 crore, with PAT at ₹3,598 crore (compared to ₹3,631 crore in the previous quarter). - Q1 FY27 PAT was negatively impacted by approximately ₹230 crore (YoY) due to non-accrual of interest from differential tariffs and a total regulatory drag of ₹560 crore on revenue. - Equipment supply challenges are easing, and PowerGrid is actively pursuing Battery Energy Storage Systems (BESS) projects following new regulatory amendments. - The company reported strong progress on ESG targets, having achieved its 2025 Renewable Energy target and advancing towards net zero and net water positive goals.
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.
Governance Neutral
2026-08-12 23:10
- Ministry of Power has appointed Shri Amol Babulal Taori, Executive Director (International Trade) of HPCL, as Director (Finance) of POWERGRID. - The appointment is for a period of 5 years, effective from 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 Neutral
2026-08-07 18:21
- Links to Audio & Video recording of the Investor & Analyst Webinar held on August 7th, 2026, are provided. - Senior Management discussed the company's business and outlook after the declaration of Q1 FY27 financial results.
Business Update Positive
2026-08-07 10:51
- Presentation on Webinar for Investors & Analysts scheduled for 07th August 2026 at 11:00 A.M (IST). - Q1FY27 CAPEX: ₹7,765 crore. - Q1FY27 Capitalization: ₹5,277 crore. - FY27 CAPEX Guidance: ₹37,000 crore. - FY27 Capitalization Guidance: ₹30,000 crore. - Major elements commissioned in Q1FY27 include 1,635 ckm transmission lines and 10,500 MVA transformation capacity. - System Availability for Q1FY27 was 99.80%. - Secured 6 TBCB (ISTS + InSTS) projects in FY27 till July 2026, with an annual tariff exceeding ₹2,200 Crore.
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 23:22
- Order Win: Power Grid Corporation of India Limited (POWERGRID) has received investment approval for the project to reconductor Tirunelveli - Udumalpet and Pugalur - Madurai 400kV D/c lines with HTLS conductor. - Order Value: The estimated cost of the project is ₹856.94 Crore. - Completion Timeline: Scheduled to be commissioned within 24 months from the date of allocation, i.e., by 11.02.2028.
Governance Neutral
2026-08-05 23:19
- Board of Directors of Power Grid Corporation of India Limited approved the adoption of an amended 'Code of Practices & Procedures for Fair Disclosure of UPSI and Trading in Securities' on August 05, 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)
Financials Neutral
2026-08-05 22:40
- 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 (▼0.89% YoY) - EBITDA Margin 82.97% vs 81.30% (▲167bps)
Financials Neutral
2026-08-05 22:32
- Consolidated Revenue ₹11,496.72 Cr vs ₹11,196.22 Cr (▲2.7% YoY) - EBITDA ₹9,538.73 Cr vs ₹9,102.30 Cr (▲4.8% YoY) - PAT ₹3,598.42 Cr vs ₹3,630.58 Cr (▼0.9% YoY) - EBITDA Margin 83.0% vs 81.3% (▲170bps)
Business Update Positive
2026-08-04 18:52
- Project "Transmission System for evacuation of Power from REZ in Rajasthan (20 GW) under Phase-III Part-H" has been commissioned with effect from July 04, 2026. - The Notification for Commercial Operation (DOCO) was received on August 03, 2026.

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