Power Grid Corporation of India Limited has released its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 (April 1, 2025 to March 31, 2026), as Annexure-II to the Directors' Report. The report is structured around the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC) and covers the consolidated business activities of POWERGRID, including all fully owned subsidiaries. Assurance for the report was provided by M/s TUV India Pvt. Ltd, with Reasonable Assurance for BRSR Core indicators and Limited Assurance for BRSR Non-Core indicators.

Company Overview and Operations

Power Grid Corporation of India Limited, incorporated in 1989 with CIN L40101DL1989GOI038121, is headquartered at "Saudamini", Plot No.2, Sector 29, Gurugram, Haryana-122001. The company's paid-up capital stands at ₹9,300.60 crore. Power transmission constitutes the primary business activity, accounting for 94.07% of total turnover, with POWERGRID primarily operating in inter-state and intra-state transmission of power across the country.

The company's operational footprint spans 291 substations and 13 offices nationally, in addition to 3 international offices, serving customers across all states and union territories of India and in 6 countries internationally. Exports contributed 0.21% of total turnover. The company holds 76 wholly owned subsidiaries and participates in 12 joint ventures.

Key ESG Performance Highlights for FY 2025-26

Guided by its ESG Vision for 2030 — "Transforming responsibly to a sustainable and greener world" — POWERGRID reported significant progress across environmental, social, and governance dimensions during the reporting period. The company invested ₹205.36 crore directly into environmental initiatives, ₹321.19 crore in R&D and innovation, and ₹391.16 crore towards Corporate Social Responsibility.

Renewable Energy and Decarbonisation

In December 2025, POWERGRID achieved its target of drawing 50% of its monthly electricity consumption from renewable sources. For the full fiscal year FY 2025-26, the renewable share in total electricity consumption stood at 35.74%, contributing to a 17.95% absolute reduction in combined Scope 1 and Scope 2 emissions. Emission intensity dropped to 5.57 metric tonnes CO2 equivalent per ₹ crore of turnover, compared to 6.93 in FY 2024-25. The company's total installed solar PV capacity at its establishments is around 25.70 MW. Additionally, through a wholly owned subsidiary, POWERGRID has installed 85 MW of solar plant at Nagda (MP). In FY 2025-26, 29.36% of auxiliary power consumption needs were fulfilled through the Green Tariff Mechanism. The SF6 gas leakage rate was reduced to 0.06% in FY 2025-26 from 0.15% in FY 2021-22, well below acceptable limits. The company's current green cover consists of 14.42 lakh trees, accounting for an offset of around 12.05% of total emissions. POWERGRID has also contributed ₹19.72 crore for the rejuvenation of 278.76 Ha of degraded forest land in Gujarat under the Green Credit Program.

Workforce and Human Capital

As of the end of FY 2025-26, POWERGRID's total workforce comprised 8,880 employees and 21,609 workers. The company added 1,280 new permanent recruits during the period, bringing its total workforce to 9,745 with 9.34% female representation. A 100% return-to-work rate after parental leave was maintained.

The Board of Directors comprised 10 members, including 1 female (10%). Key Management Personnel totalled 11, including 1 female (9.09%). Well-being expenditure as a percentage of total revenue stood at 0.70% in FY 2025-26, compared to 0.69% in FY 2024-25. In FY 2025-26, a total of 2,166 safety training programmes were conducted for employees and workers. Health and safety training covered 83.00% of total employees and 84.78% of total workers during the year.

Safety Performance

POWERGRID operates a three-tiered safety governance model, with its Occupational Health and Safety Management System certified under ISO 45001:2018. Key safety metrics for FY 2025-26 are presented below.

Governance, Ethics, and Compliance

POWERGRID maintained a zero-tolerance approach to bribery and corruption, supported by its ISO 37001:2016 certified Anti-Bribery Management System. No monetary or non-monetary penalties, fines, or settlements were reported during FY 2025-26. No disciplinary actions for bribery or corruption were taken against any Directors, KMPs, or workers during the year; one employee action was recorded in FY 2024-25. The number of days of accounts payable stood at 54.83 in FY 2025-26, compared to 49.06 in FY 2024-25. Policies were independently assessed by Deloitte Touche Tohmatsu India LLP. The company reported zero data breaches during FY 2025-26 and holds ISO 27001:2022 certification for Information Security Management.

The BRSR was signed by Chairman and Managing Director Burra Vamsi Rama Mohan on July 29, 2026, from Gurugram. Oversight of Business Responsibility policy implementation is held by Director (Operations) Naveen Srivastava (DIN: 10158134). The company's sustainability commitments include achieving net zero emissions by 2047, attaining "Net Water Positive" status by 2030, achieving "Zero Waste to Landfill" status by 2030, and maintaining "Zero Fatality" status across its operations.

Power Grid Corporation of India has officially fixed Thursday, August 13, 2026, as the record date to determine shareholder entitlement for its final dividend of ₹1.25 per share for the financial year 2025-26. The Company Secretary and Compliance Officer, Anjana Luthra, issued the intimation on July 29, 2026, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This confirmation follows the Board of Directors’ recommendation made during their meeting on May 15, 2026, and sets the timeline for the upcoming 37th Annual General Meeting (AGM).

The dividend represents a yield of 12.5% on the paid-up equity share capital, reinforcing the company’s commitment to consistent cash returns from its core transmission operations. If approved by shareholders at the AGM, the dividend will be paid on or before Wednesday, September 16, 2026. The payment is subject to deduction of tax at source (TDS) as per the Income Tax Act, 1961. Shareholders are advised to ensure their Permanent Account Number (PAN) and bank details are updated with the Registrar and Share Transfer Agent (RTA), KFin Technologies Limited, or their Depository Participants to facilitate seamless electronic transfer.

Key Dates and Dividend Details

Shareholder Compliance and KYC Updates

The company has emphasized strict compliance with Securities and Exchange Board of India (SEBI) regulations regarding Know Your Customer (KYC) norms. Pursuant to SEBI Master Circulars dated February 6, 2026, and May 17, 2023, security holders with physical folios must have updated KYC details—including PAN, nomination, contact information, and bank account details—to be eligible for dividend payments via electronic mode. This mandate is effective from April 1, 2024. Members holding shares in physical form are urged to update their records with KFin Technologies Limited using forms available on the company’s website. Demat account holders must coordinate with their respective Depository Participants.

Virtual AGM and E-Voting Process

The 37th AGM will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) on Thursday, August 20, 2026, at 11:00 A.M., in compliance with Ministry of Corporate Affairs General Circular No. 03/2025. National Securities Depository Limited (NSDL) has been appointed as the agency for remote e-voting facilities. The Integrated Annual Report for FY26 will be sent electronically to members with registered email addresses. Those without registered emails will receive a letter containing the web-link to access the report. Physical attendance at a common venue is not permitted.

Tax Implications and TDS Procedures

Dividends distributed after April 1, 2020, are taxable in the hands of shareholders. Consequently, Power Grid will deduct tax at source before payment. To enable accurate TDS calculation, shareholders must submit necessary tax forms via the RTA’s portal by August 13, 2026. Failure to update PAN or bank details may result in delays or inability to receive the dividend electronically. The company advises all investors to verify their ECS mandates and KYC status well ahead of the record date to avoid any disruption in dividend receipt.