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POWERGRID Independent Director Smt. Sajal Jha Completes Tenure on 15th May, 2026

Power Grid Corporation of India informed stock exchanges that Smt. Sajal Jha (DIN: 09402663) completed her tenure as Non-Official Director (Independent Director) on 15th May, 2026, as per the Ministry of Power order dated 16th May, 2025. The disclosure, filed under Regulation 30 of SEBI (LODR) Regulations, 2015, was signed by Company Secretary Satyaprakash Dash on 16th May, 2026.

16May 26

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

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.

12May 26

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

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.

01May 26

POWERGRID Board Approves Rs 4,000 Crore Loan from State Bank of India

Power Grid Corporation of India's board of directors approved a significant funding arrangement worth Rs 4,000 crore through an unsecured rupee term loan or line of credit facility from State Bank of India. The approval was granted during a board meeting held on April 30, 2026, and the company has maintained regulatory compliance by informing stock exchanges as per SEBI requirements.

24Apr 26

POWERGRID Completes Tenure of Independent Directors Under Regulation 30

Power Grid Corporation of India officially disclosed the completion of tenure for two Independent Directors - Shri Shiv Tapasya Paswan (DIN: 09414240) and Shri Rohit Vaswani (DIN: 00658059) - effective 15th April 2026. The regulatory filing was submitted to NSE and BSE on 16th April 2026 under SEBI Regulation 30, signed by Company Secretary Satyaprakash Dash, ensuring full compliance with disclosure requirements.

23Apr 26

Power Grid Corporation Forms Joint Venture with Africa50 for Kenya Transmission Project

Power Grid Corporation of India has successfully incorporated a joint venture with Africa50 called Mwanga Transmission Company Limited for the Kenya Transmission PPP Project. The SPV was established with a 40:60 equity split and received its Certificate of Incorporation on 21st April 2026, with the regulatory disclosure filed under SEBI Regulation 30 on 22nd April 2026.

16Apr 26

POWERGRID Announces Completion of Tenure for Two Independent Directors

Power Grid Corporation of India has announced the completion of tenure for two Independent Directors - Shri Shiv Tapasya Paswan and Shri Rohit Vaswani - effective 15th April, 2026. The company made the disclosure through a regulatory filing to NSE and BSE in compliance with SEBI Regulation 30, with Company Secretary Satyaprakash Dash signing the official communication.

13Apr 26

Power Grid Corporation Sees ₹58.79 Crore Block Trade on NSE

Power Grid Corporation of India witnessed a major block trade on NSE worth ₹58.79 crores involving 1,960,871 shares at ₹299.80 per share. The transaction reflects significant institutional activity in the power transmission company's stock through the exchange's block trading mechanism.

07Apr 26

POWERGRID CMD Burra Vamsi Rama Mohan Assigned Additional Charge as Director (Projects)

POWERGRID has announced that Chairman & Managing Director Shri Burra Vamsi Rama Mohan will take on additional charge as Director (Projects) for 3 months starting April 1, 2026. The appointment, made through a Ministry of Power order dated April 6, 2026, will continue until a regular incumbent takes over or further orders are issued. The company has disclosed this information under SEBI Regulation 30 compliance requirements.

06Apr 26

Power Grid Corporation Submits Quarterly Regulatory Disclosure for Q4 FY26

Power Grid Corporation of India Limited submitted its quarterly regulatory disclosure under SEBI Regulation 74(5) for Q4 FY26 on April 6, 2026. The submission included certificates from KFin Technologies Limited confirming proper documentation of securities dematerialization/rematerialization activities and compliance with stock exchange reporting requirements for the quarter ended March 31, 2026.

02Apr 26

POWERGRID Declared Successful Bidder for Karnataka 400 kV Transmission Line Project

Power Grid Corporation of India has been declared the successful bidder for the Tumkur-II transmission system strengthening project in Karnataka, focusing on integrating 2.7 GW of additional renewable energy capacity. The project will be executed under the Build, Own, Operate and Transfer (BOOT) model through the Tariff Based Competitive Bidding mechanism, involving 400 kV double circuit transmission lines and augmentation works at the Tumkur-II Pooling Station.

02Apr 26

Power Grid Corporation Achieves Record Rs 35,000 Crore Capex, Raises FY26 Capitalization Target to Rs 25,000 Crore

Power Grid Corporation achieved record FY26 capex of Rs 35,000 crore, exceeding Rs 32,000 crore guidance, and raised capitalization target to Rs 25,000+ crore. The company outlined multi-year growth with Rs 37,000 crore FY27 and Rs 45,000 crore FY28 capex guidance. With Rs 1,48,000 crore works-in-hand and Rs 15 lakh crore transmission opportunity visibility through 2035, Power Grid is well-positioned for sustained growth supported by improved execution capabilities and strategic operational enhancements.

02Apr 26

POWERGRID Promotes Two Chief General Managers to Executive Director Positions

POWERGRID has promoted two Chief General Managers, Shri Gyaneshwar Prasad Payasi and Shri Pradeep Kumar, to Executive Director positions effective 01st April, 2026. Both executives bring over three decades of experience in power transmission operations, with Payasi specializing in CMD coordination, asset management, and project execution, while Kumar focuses on asset management, substation maintenance, and currently leads strategic T&D strengthening projects in Arunachal Pradesh.

01Apr 26

POWERGRID Board Approves CMD Appointment Under Regulation 30 Compliance

Power Grid Corporation of India Limited has formally appointed Shri Burra Vamsi Rama Mohan as Chairman & Managing Director through a Board meeting held on 01st April, 2026, in compliance with SEBI regulations. With over 33 years of experience in power transmission and telecom sectors, Shri Vamsi brings extensive expertise in regulatory affairs, project management, and strategic leadership to his new role.

01Apr 26

POWERGRID Chairman & Managing Director Dr. Ravindra Kumar Tyagi Retires on Superannuation

Power Grid Corporation of India has announced the retirement of its Chairman & Managing Director Dr. Ravindra Kumar Tyagi due to superannuation effective March 31st, 2026. The company also disclosed the simultaneous cessation of two Executive Directors, Shri Ashwani Kumar Gupta and Shri Jasbir Singh, on the same date for similar reasons, indicating a comprehensive senior management transition at the state-owned transmission utility.

28Mar 26

POWERGRID Successfully Commissions Transmission System for Arun-3 Nepal Hydroelectric Project

Power Grid Corporation of India successfully commissioned the transmission system for power evacuation from Arun-3 (900 MW) Hydroelectric Project in Nepal, with commissioning effective from 03.09.2023. The project covers the Indian portion for M/s SAPDC and was announced on 27.03.2026 in compliance with SEBI regulations. The commissioning follows CERC Order 210/TT/2024 and represents a significant milestone in cross-border power transmission infrastructure between India and Nepal.

25Mar 26

POWERGRID Conducts Analyst and Investor Webinar on Business Updates

POWERGRID conducted a webinar for analysts and investors on March 23, 2026, at 11:00 A.M. (IST) featuring senior management discussions on business updates. The company made audio and video recordings available through official links and communicated the proceedings to NSE and BSE under SEBI Regulation 30 compliance, with notifications handled by Company Secretary Satyaprakash Dash.

24Mar 26

Power Grid Corporation Receives Mixed Analyst Ratings with Target Prices Ranging ₹290-360

Power Grid Corporation of India receives mixed analyst ratings ranging from 'Reduce' to 'Buy' with target prices between ₹290-360. The company benefits from improved execution, higher FY26 capex guidance of ₹350bn, and a substantial ₹15tn long-term opportunity pipeline. While analysts acknowledge strong fundamentals including a ₹1.5tn order book and resolved ROW issues, concerns about rich valuations and back-ended opportunities create divergent views on the stock's near-term potential.

24Mar 26

POWERGRID Completes March 23 Analyst Webinar with Audio Recording Available

Power Grid Corporation of India completed its scheduled investor and analyst webinar on March 23, 2026, with senior management discussing business updates and growth strategy. The company has made the audio recording available through official channels under SEBI Regulation 30 compliance, ensuring continued access for the investment community.

23Mar 26

Power Grid Corporation Increases FY26 CAPEX Guidance to ₹350 Billion, Raises Capitalization Target

Power Grid Corporation of India has revised its FY26 financial guidance upward, increasing capital expenditure guidance to ₹350 billion from ₹320 billion and raising capitalization guidance to ₹250 billion from ₹220 billion. These revisions represent ₹30 billion increases in both categories, reflecting the company's enhanced investment strategy and commitment to expanding transmission infrastructure capabilities.

20Mar 26

POWERGRID Gets Approval for Merging 28 Subsidiaries to Enhance Structure and Boost Efficiency

POWERGRID has received board approval for an expanded merger plan involving 28 wholly owned subsidiaries into 2 entities, significantly increasing from the previous proposal of 11 subsidiaries approved in December 2025. The strategic consolidation is designed to enhance organizational structure, boost operational efficiency, and create streamlined business operations while reducing administrative complexity.

19Mar 26

POWERGRID Board Approves ₹705.30 Crore Investment for Cold Spare Transformers and Reactors

POWERGRID's Board of Directors approved an investment of ₹705.30 crore on March 19, 2026, for procuring cold spare transformers and reactors under the 77th NRPC. The project will be implemented within 30 months, reinforcing the company's commitment to power transmission infrastructure reliability and grid stability.

19Mar 26

HSBC Raises Power Grid Corporation Target Price to Rs 290 on Project Acceleration

HSBC has upgraded Power Grid Corporation of India's target price to Rs 290 while maintaining a Hold rating. The revision is based on accelerated project commissioning driven by government initiatives, higher compensation structures, and new growth opportunities in intra-state transmission projects and Battery Energy Storage Systems (BESS), which are expected to expand the company's Total Addressable Market.

12Mar 26

Power Grid Corporation Acquires NES Pune East New Transmission Limited for Rs. 80.5 Million

Power Grid Corporation of India acquired NES Pune East New Transmission Limited for Rs. 80.5 million through competitive bidding process. The acquisition involves 100% shareholding of the transmission company incorporated for Maharashtra network expansion project including 765kV and 400kV transmission lines and AIS substation development.

09Mar 26

POWERGRID Board Approves ₹5,000 Crore Fund Raising and Strategic Investments

POWERGRID's board meeting resulted in approval of major financial and strategic initiatives including ₹5,000 crore borrowing facility from Union Bank of India and ₹233.96 crore investment in centralized security operations center. The company also approved divestment of its entire CTUIL subsidiary stake to GRID-INDIA and entered strategic alliance for Uganda transmission project development.

04Mar 26

Power Grid Corp: SEBI Granted Relaxation Sought By Company For Certain Regulations

Power Grid Corporation of India has received SEBI approval for regulatory relaxation from certain LODR compliance requirements, specifically exemptions from Regulation 17(10) and 25(4) provisions. The regulatory relief, which becomes effective March 2, 2026, provides operational flexibility while maintaining governance oversight for the state-owned power transmission utility.

28Feb 26

POWERGRID Fined Rs 10.86 Lakh by BSE and NSE for Board Composition Non-Compliance

Power Grid Corporation of India faces regulatory fines totaling Rs 10.86 lakh from BSE and NSE for board composition non-compliance during Q3 FY26. The company has requested fine waivers citing government entity constraints in director appointments and has escalated the matter to Ministry of Power for filling vacant Independent Director positions.

25Feb 26

Cabinet Approves Enhanced Investment Powers for POWERGRID, Raises Equity Threshold to Rs.7,500 Crore

The Cabinet Committee on Economic Affairs has approved enhanced investment powers for Power Grid Corporation of India, increasing the equity investment threshold from Rs.5,000 crore to Rs.7,500 crore per subsidiary while keeping the net worth cap unchanged at 15%. This approval strengthens POWERGRID's capacity to participate in capital-intensive transmission projects and supports India's renewable energy expansion goals.

24Feb 26

POWERGRID Subsidiary Successfully Completes Rajasthan Solar Transmission Project

Power Grid Corporation's subsidiary POWERGRID Narela Transmission Limited has successfully completed a major transmission project for Rajasthan's Solar Energy Zones with 8.1 GW capacity. The inter-state transmission system was commissioned on 07th December, 2025, with commercial operations beginning after receiving DOCO notification on 24th February, 2026.

13Feb 26

POWERGRID Completes Acquisition of Bellary Davanagere Power Transmission Limited for Rs. 13.02 Crore

Power Grid Corporation of India Limited completed the acquisition of Bellary Davanagere Power Transmission Limited on 12.02.2026 for Rs. 13.02 crore under TBCB route. The acquisition provides 100% shareholding control and involves establishing transmission infrastructure for renewable energy integration at Davanagere (0.25 GW) and Bellary (2.75 GW) in Karnataka. The project includes 400 kV double circuit transmission lines with associated infrastructure works on build, own, operate and transfer basis.

12Feb 26

Fitch Ratings Revises POWERGRID's Stand-Alone Credit Profile to 'bbb' from 'bbb+'

Fitch Ratings revised POWERGRID's stand-alone credit profile to 'bbb' from 'bbb+' on February 12, 2026, due to analytical recalibration under revised Corporate Rating Criteria. The rating agency clarified this change does not reflect deterioration in business fundamentals, financial performance, or liquidity. POWERGRID's Long-Term Foreign and Local Currency Issuer Default Ratings remain unchanged at 'BBB-' with stable outlook, maintaining alignment with sovereign rating.

11Feb 26

POWERGRID Wins Maharashtra Transmission Project Under Tariff Based Competitive Bidding

Power Grid Corporation of India Limited has been declared the successful bidder for Maharashtra's transmission project under Tariff Based Competitive Bidding, receiving the Letter of Intent on February 11, 2026. The project involves establishing transmission infrastructure including an AIS Substation in Ahilyanagar District, 765kV and 400kV transmission lines, and bay extensions to address transmission constraints in Pune Region-I on a BOOT basis.

03Feb 26

Power Grid Corporation Acquires SR And ER Power Transmission Ltd

Power Grid Corporation of India has completed the acquisition of SR And ER Power Transmission Ltd, expanding its transmission infrastructure portfolio. This strategic transaction strengthens the company's position in India's power transmission sector and enhances its operational capabilities through targeted consolidation.

03Feb 26

Power Grid Corporation Executes ₹26.85 Crore NSE Block Trade at ₹282.05 Per Share

Power Grid Corporation of India Ltd. completed a significant NSE block trade involving 952,064 shares at ₹282.05 per share, totaling ₹26.85 crores. This substantial institutional transaction demonstrates notable market activity and investor interest in the power transmission company's stock.

02Feb 26

POWERGRID Completes Q3FY26 Investor Meet with Audio-Video Recordings Available

Power Grid Corporation of India successfully conducted its analysts and institutional investors meet on February 2, 2026, discussing Q3FY26 and 9MFY26 financial results. The company has made audio and video recordings available for stakeholders, showing transparency in investor relations. Financial performance indicates steady growth with total income reaching ₹35,714.00 crore for 9MFY26.

02Feb 26

POWERGRID Commissions 4.5GW Khavda Transmission Project for Renewable Energy

Power Grid Corporation of India has successfully commissioned a major 4.5GW renewable energy transmission project at Khavda PS through its subsidiary POWERGRID Khavda II-C Transmission Limited. The Inter-State Transmission System project, secured through competitive bidding, began operations on January 31, 2026, with commercial operation notification received on February 2, 2026, strengthening India's renewable energy evacuation infrastructure.

31Jan 26

POWERGRID Board Approves Withdrawal from PTC India Limited and Relinquishment of Promoter Rights

POWERGRID's Board approved withdrawal of its nominee director from PTC India Limited and relinquishment of all promoter rights during a meeting on 30th January, 2026. This decision follows a Ministry of Power directive dated 16th January 2026 and has been disclosed under SEBI LODR Regulation 30, marking a strategic shift in the company's relationship with PTC India Limited.

30Jan 26

POWERGRID Reports Strong Q3FY26 Results with Board Approval for Dividend & Borrowing

Power Grid Corporation delivered impressive Q3FY26 performance with revenue growth of 8.70% to ₹11,005.28 crore and net profit increase of 6.80% to ₹4,160.17 crore. The company's EBITDA margin expanded to 85.95% from 84.92% year-on-year, demonstrating operational excellence. The Board approved a second interim dividend of ₹3.25 per share and authorized borrowing of up to ₹32,000 crore for strategic expansion plans.

25Jan 26

POWERGRID Board Approves Promotion of 12 Senior Officials to Executive Director Positions

POWERGRID's Board of Directors approved the promotion and appointment of 12 senior officials as Executive Directors on January 25, 2026. The appointments include CEOs from subsidiary companies POWERTEL, PESL, and EESL, along with leaders from engineering, IT, HR, and regional operations. The newly appointed executives bring 30-35 years of experience across diverse functions including HVDC systems, renewable energy projects, digital transformation, and grid management, strengthening the company's senior management structure.

23Jan 26

POWERGRID Schedules Board Meeting on January 30, 2026 for Q3FY26 Financial Results and Interim Dividend Consideration

POWERGRID has scheduled a Board of Directors meeting for January 30, 2026, to consider Q3FY26 unaudited financial results for the quarter and nine months ended December 31, 2025, and potential declaration of the second interim dividend for FY 2025-26. The company has set February 9, 2026, as the record date for dividend eligibility, while the trading window remains closed from December 31, 2025, until February 1, 2026, reopening on February 2, 2026.

20Jan 26

POWERGRID Approves ₹913.99 Crore Investment for Cold Spare Transformers and Reactors Procurement

Power Grid Corporation of India received Committee of Directors approval for ₹913.99 crore investment in cold spare transformers and reactors procurement on January 20, 2026. The investment covers three regional power committees: ₹401.88 crore for 51st WRPC, ₹345.78 crore for 53rd SRPC, and ₹166.33 crore for 28th NERPC, all scheduled for 30-month implementation timelines.

16Jan 26

Power Grid Corporation Subsidiary Successfully Commissions Major Rajasthan Transmission Project

Power Grid Corporation of India Ltd announced that its wholly owned subsidiary POWERGRID Bhadla Sikar Transmission Limited successfully commissioned a major transmission project on January 14, 2026. The project involves an 8.1GW solar energy evacuation system in Rajasthan under Phase II – Part E, secured through competitive bidding. Commercial operation notification was received on January 16, 2026.

09Jan 26

POWERGRID Secures 3 GW Renewable Energy Transmission Projects in Karnataka

Power Grid Corporation of India has won a significant 3 GW renewable energy transmission project in Karnataka, involving infrastructure development at Davanagere (250 MW) and Bellary (2.75 GW) locations. The project includes substantial equipment installations, transmission line development, and must be completed within 24 months, supporting Karnataka's 17 GW renewable energy potential.

09Jan 26

Power Grid Corporation Secures Major Karnataka Transmission Project for 3 GW Renewable Energy

Power Grid Corporation of India secured a major inter-state transmission project in Karnataka to evacuate 3 GW of renewable energy from Davanagere and Bellary under the BOOT model. The announcement drove shares up 2% to ₹264.20. In Q2 FY26, the company reported revenue of ₹11,476.00 crores (up 2% YoY) but net profit declined to ₹3,566.00 crores from ₹3,793.00 crores. The company maintains a strong order book of ₹1,52,287.00 crores and operates one of the world's largest transmission networks.

09Jan 26

Power Grid Corporation Witnesses ₹39.77 Crore Block Trade on NSE

Power Grid Corporation of India recorded a significant block trade on NSE worth ₹39.77 crores, involving 1,514,925 shares at ₹262.55 per share. The transaction reflects institutional participation and market interest in the power transmission utility stock.

09Jan 26

Power Grid Corporation Wins Karnataka Renewable Energy Transmission Project Worth 3 GW

Power Grid Corporation of India won an inter-state transmission project in Karnataka for integrating 3 GW renewable energy capacity at Davanagere and Bellary under TBCB framework. The BOOT basis project includes 400 kV transmission lines and infrastructure augmentation. Q2 FY25 results showed 6% decline in net profit to ₹3,566.00 crore despite 1.8% revenue growth to ₹11,476.00 crore, with EBITDA falling 6.1% to ₹9,114.00 crore.

07Jan 26

Power Grid Corporation Witnesses ₹21.58 Crore Block Trade on NSE

Power Grid Corporation of India recorded a significant block trade on NSE worth ₹21.58 crores, involving 817,608 shares at ₹264.00 per share. The transaction reflects institutional investor activity in the power transmission sector and demonstrates continued market interest in the company's strategic position in India's energy infrastructure.

01Jan 26

Power Grid Corporation Achieves 50% Green Energy Consumption Milestone

Power Grid Corporation of India Limited has achieved a major sustainability milestone by meeting 50% of its energy consumption through green energy sources, aligning with its ESG goals. The achievement was accomplished through multiple initiatives including rooftop solar installations and a Solar PV plant at Nagda, implemented across the company's pan-India installations.

31Dec 25

Power Grid Corporation Wins 2,000 MWh Battery Energy Storage Project in Andhra Pradesh

Power Grid Corporation of India won a 2,000 MWh battery energy storage project in Andhra Pradesh through competitive bidding, receiving the Letter of Award on December 29, 2024. The project involves developing a standalone BESS under the Build-Own-Operate model with Viability Gap Funding support, including a 150 MW / 300 MWh facility at Kalikiri substation in Chittoor district.

22Dec 25

Power Grid Gets Nod to Merge 13 Units Into 2 for Enhanced Efficiency

Power Grid Corporation of India has obtained regulatory approval to consolidate 13 of its business units into 2 entities. This strategic move aims to streamline operations, reduce costs, enhance decision-making processes, and optimize resource allocation. The consolidation is expected to simplify the company's organizational structure and improve overall operational efficiency.

18Dec 25

POWERGRID Subsidiary Launches Khavda Phase-II Part-B Interstate Transmission Project

Power Grid Corporation of India's subsidiary has initiated the Khavda Phase-II Part-B Interstate Transmission Project. This strategic infrastructure development aims to enhance connectivity and strengthen transmission capabilities across state boundaries, supporting the modernization and expansion of India's national power transmission network.

18Dec 25

POWERGRID Subsidiary Commissions 4.5GW Khavda Transmission Project in Gujarat

POWERGRID announced the successful commissioning of a major transmission project by its wholly owned subsidiary POWERGRID Khavda II-B Transmission Limited. The project involves a transmission scheme for evacuating 4.5GW renewable energy at Khavda PS under Phase-II, Part-B, which commenced commercial operations on December 13, 2025, with DOCO notification received on December 18, 2025.