Power Grid Corporation of India Limited has announced a webinar for analysts and investors scheduled for Monday, March 23, 2026 at 11:00 AM IST. The company informed stock exchanges about this event through an official communication dated March 17, 2026, in compliance with Regulation 30 of Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015.

Webinar Details

The webinar will provide a platform for the company's management to interact with analysts and investors on business updates. The event is being organized in partnership with Prabhudas Lilladher, an established financial services firm.

Management Participation

The webinar will feature senior management personnel from Power Grid Corporation of India Limited, ensuring comprehensive coverage of the company's business developments.

Registration and Contact Information

Interested analysts and investors can register for the webinar through the designated event link. For additional information and assistance, participants can contact the organizing team at Prabhudas Lilladher through the provided contact details including Mr. Vishal Periwal, Mr. Shubham Shelar, and Ms. Disha Mudda.

Regulatory Compliance

The announcement was made through official communication to both National Stock Exchange of India Limited and BSE Limited, signed by Satyaprakash Dash, Company Secretary & Compliance Officer. This disclosure ensures transparency and adherence to regulatory requirements for listed companies regarding material events and investor interactions.

Power Grid Corporation of India has completed the acquisition of NES Pune East New Transmission Limited (NPENTL) on March 12, 2026, under the Tariff Based Competitive Bidding (TBCB) route. The acquisition, valued at Rs. 80.5 million, was announced through a regulatory filing under Regulation 30 of SEBI regulations.

Acquisition Details

The acquisition was completed after Power Grid emerged as the successful bidder for the project to establish "Network Expansion scheme in Maharashtra for removal of Transmission constrains in Pune Region-I (765/400 kV AIS Pune East)" on a build, own, operate and transfer (BOOT) basis. The Bid Process Coordinator for this transaction was PFC Consulting Limited (PFCCL).

Project Scope and Infrastructure

The transmission project encompasses significant infrastructure development across Maharashtra state. The project includes establishment of an AIS Substation in Ahilyanagar District, along with 765kV and 400kV transmission lines traversing throughout Maharashtra. Additionally, the scope covers bay extension works at existing sub-stations within the state.

Corporate Structure and Background

NPENTL was incorporated on March 29, 2025, by the Bid Process Coordinator as per the guidelines for competitive development of transmission projects notified by the Ministry of Power. The company is engaged in power transmission business, aligning with Power Grid's core operations.

Regulatory Compliance and Approvals

The acquisition was structured as a non-related party transaction, with Power Grid having no prior interest in NPENTL. The Bid Process Coordinator obtained requisite approvals for the transfer of NPENTL to Power Grid. Post-acquisition, NPENTL will need to obtain approvals for Grant of Transmission License and Adoption of Transmission Charges from the Maharashtra Electricity Regulatory Commission.

Financial Structure

The acquisition was completed through cash consideration, with the total value subject to adjustment based on audited accounts as of the acquisition date. The transaction includes all assets and liabilities of NPENTL as of March 12, 2026. This acquisition strengthens Power Grid's transmission infrastructure portfolio in the Maharashtra region and supports the company's expansion in competitive bidding projects.