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March 23,2026

Power Grid Corporation of India raises FY26 capex guidance to ₹35,000 crore

Power Grid Corporation of India has increased its FY26 capex guidance to ₹35,000 crore and capitalisation target to ₹25,000 crore, reflecting strong execution. The company achieved 102% of capex and 91% of capitalisation targets. With a robust project pipeline, ₹1.48 lakh crore works-in-hand, and planned ₹82,000 crore capex in FY27–FY28, PGCIL expects sustained growth, driven by rising transmission demand and renewable energy integration.

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