POWERGRID's Committee of Directors Approves ₹584.13 Crore Investment Across Three Infrastructure Projects

1 min read     Updated on 16 May 2026, 12:21 AM
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Power Grid Corporation of India's 'Committee of Directors on Investment on Projects' approved three infrastructure projects on 15th May, 2026, with a combined estimated cost of ₹584.13 crore. The projects include transformer augmentation at Tuticorin-II GIS Sub Station at ₹132.06 crore and OPGW communication system installations in the Western Region at ₹308.49 crore and Eastern Region at ₹143.58 crore. All three projects are scheduled for commissioning by 2028, with the WR and ER Region OPGW projects targeted by 18th September, 2028, and the Tuticorin-II project by 17th February, 2028. The disclosures were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Power Grid Corporation of India 's 'Committee of Directors on Investment on Projects' convened on 15th May, 2026, and accorded investment approval for three infrastructure proposals with a combined estimated cost of ₹584.13 crore. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Approved Projects at a Glance

The three approved proposals span transformer augmentation and optical fibre ground wire (OPGW) communication system installations across multiple regions. The following table summarises the key details of each approved project:

Project: Estimated Cost Scheduled Commissioning
Augmentation of 1x500MVA, 400/230kV ICT (7th) at Tuticorin-II GIS Sub Station ₹132.06 crore 17th February, 2028
Installation of OPGW & associated communication systems on existing ISTS lines in WR Region ₹308.49 crore 18th September, 2028
Installation of OPGW & associated communication systems on existing ISTS lines in ER Region ₹143.58 crore 18th September, 2028

Project Details

Tuticorin-II GIS Sub Station Augmentation

The first proposal involves the implementation of the "Augmentation of 1x500MVA, 400/230kV ICT (7th) at Tuticorin-II GIS Sub Station" at an estimated cost of ₹132.06 crore. This project is scheduled to be commissioned by 17th February, 2028.

OPGW Installation in Western Region

The second proposal covers the "Installation of OPGW & associated communication systems on the existing ISTS lines in WR Region" at an estimated cost of ₹308.49 crore. The project is to be commissioned within 30 months from the date of allocation of the project, i.e., by 18th September, 2028.

OPGW Installation in Eastern Region

The third proposal pertains to the "Scheme for Installation of OPGW & associated communication systems on the existing ISTS lines in ER Region" at an estimated cost of ₹143.58 crore. Similar to the WR Region project, this is also scheduled to be commissioned within 30 months from the date of allocation of the project, i.e., by 18th September, 2028.

Regulatory Compliance

The investment approvals were disclosed by Company Secretary & Compliance Officer Satyaprakash Dash on 15th May, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The combined estimated investment across all three projects amounts to ₹584.13 crore, with all projects targeted for commissioning by 2028.

Historical Stock Returns for Power Grid Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
-3.04%-5.54%-5.09%+9.31%-1.03%+130.81%

How will the OPGW installations across the Western and Eastern regions enhance Power Grid's ability to monetize its telecom infrastructure through subsidiaries like POWERTEL?

Could the Tuticorin-II substation augmentation signal broader capacity expansion plans in Tamil Nadu to support the state's growing renewable energy evacuation needs?

Are there additional ISTS lines in the Northern and Southern regions being considered for similar OPGW upgrades, and what would be the estimated investment pipeline?

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Power Grid Corporation Opens Special Window for Transfer and Dematerialisation of Physical Securities

2 min read     Updated on 12 May 2026, 04:28 AM
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Power Grid Corporation of India, a Maharatna PSU, has opened a one-year special window from February 05, 2026 to February 04, 2027 for transfer and dematerialisation of physical securities sold or purchased prior to April 01, 2019, in compliance with SEBI Circular dated January 30, 2026. Eligible shareholders can submit requests via the company email or through KFin Technologies Limited, with transferred securities subject to a one-year lock-in period. Cases involving disputes between transferor and transferee, or securities transferred to IEPF, are excluded from the special window.

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Power Grid Corporation of India , a Government of India Enterprise and Maharatna PSU, has announced the opening of a special window to facilitate the transfer and dematerialisation of physical securities. The announcement, made by Company Secretary and Compliance Officer Satyaprakash Dash on May 11, 2026, was formally communicated to the National Stock Exchange of India Limited and BSE Limited, and subsequently published in newspapers as required under the applicable SEBI Circular.

Special Window: Key Details

The special window has been opened in compliance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The window is designed to ease the process of transfer and dematerialisation (demat) for physical securities that were sold or purchased prior to April 01, 2019. The following table summarises the key parameters of the special window:

Parameter: Details
SEBI Circular Reference: HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026
Window Open Date: February 05, 2026
Window Close Date: February 04, 2027
Eligible Securities: Physical securities sold/purchased prior to April 01, 2019
Mode of Credit: Demat mode only
Lock-in Period: One year from the date of registration of transfer

Eligibility and Submission Process

The special window also covers transfer requests that were previously submitted but were rejected, returned, or not attended to due to deficiency in documents, process, or any other reason. Eligible shareholders may submit their requests through the following channels:

Shareholders are required to submit their requests along with the requisite documents as specified in the SEBI Circular.

Restrictions During the Lock-in Period

During the one-year lock-in period from the date of registration of transfer, the transferred securities shall not be:

  • Transferred
  • Lien-marked
  • Pledged

Exclusions from the Special Window

Certain categories of cases are not eligible for processing under this special window:

  • Cases involving disputes between transferor and transferee — such matters may be settled through court or NCLT process.
  • Securities that have been transferred to the Investor Education and Protection Fund (IEPF) are not eligible for consideration under the special window.

Company Details

The notice was issued by Power Grid Corporation of India Limited from its Corporate Office at "Saudamini", Plot No. 2, Sector-29, Gurugram-122001, Haryana, and its Registered Office at B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016. The SEBI Circular referenced in the notice can be accessed at the official SEBI website. The announcement was signed by Satyaprakash Dash, Company Secretary and Compliance Officer, at Gurugram on May 11, 2026.

Historical Stock Returns for Power Grid Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
-3.04%-5.54%-5.09%+9.31%-1.03%+130.81%

How many eligible shareholders are expected to utilize this special window, and what is the estimated value of physical securities that could be dematerialized before the February 2027 deadline?

Could the one-year lock-in restriction on transferred securities impact Power Grid Corporation's stock liquidity or retail investor sentiment in the near term?

Will SEBI consider extending similar special windows to other PSUs or listed companies beyond Power Grid Corporation, given the broader challenge of unclaimed physical securities across Indian markets?

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