Power Grid wins ₹1,152.49 crore per annum transmission project in Gujarat Sep 04, 2026
More news about Power Grid Corporation of India
03Sept 26
Power Grid wins ₹3,244 crore per annum HVDC transmission project bid
Power Grid declared successful bidder for HVDC project. Contract value is ₹3,244 crore per annum. Win adds to central transmission utility order book. HVDC tech enables efficient long-distance power transfer.
Heatwave pushes India's power demand to record 271 GW
India's power demand hit a record 271 GW amid an intense heatwave. Gas-based power plants provided critical grid stability during nighttime hours. Solar generation's absence after sunset increased reliance on dispatchable gas capacity. The record demand reflects significant stress on the national power grid.
Power Grid Corporation: Equipment Supply Challenges Easing Through Bulk Procurement and OEM Capacity Enhancement
Power Grid Corporation of India, in its concall update, reported that equipment supply issues are improving due to strategic bulk buying, enhanced OEM production capacity, and better pricing and delivery schedules. The company's multi-pronged procurement approach is contributing to a more stable supply environment. These developments are expected to support smoother project execution across the company's transmission infrastructure portfolio.
Power Grid Corporation of India Records ₹145.08 Crore Block Trade on NSE
Power Grid Corporation of India recorded a block trade on the NSE involving approximately 5,013,202 shares at ₹289.40 per share, amounting to a total deal value of ₹145.08 crores. The transaction reflects significant large-scale investor activity in the company's stock. Block trades of this magnitude are typically associated with institutional participation and are closely tracked by market observers.
Japan Bank for International Cooperation and Japanese Banks to Provide ¥80 Billion Loan to Power Grid Corporation of India
Japan Bank for International Cooperation and Japanese banks have announced a ¥80 billion loan to Power Grid Corporation of India, a leading power transmission utility in India. The deal involves JBIC alongside Japanese banks as co-lenders in this significant cross-border financing arrangement. This development highlights international financial institutions' engagement with India's power infrastructure sector. The announcement underscores the growing role of Japanese capital in supporting large Indian infrastructure entities.
Power Grid Corporation of India Records ₹32.65 Crore Block Trade on NSE at ₹294.70 Per Share
Power Grid Corporation of India recorded a block trade on the NSE involving approximately 1,108,041 shares at ₹294.70 per share. The total transaction value amounted to ₹32.65 crores. Block trades of this magnitude are typically associated with institutional investor activity and are closely tracked by market participants for insights into large-scale portfolio movements.
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.
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.
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.
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.