Powergrid Infrastructure
99.15
+0.50(+0.51%)
Market Cap₹9,022.64 Cr
PE Ratio9.84
IndustryPower
Company Performance:
1D+0.51%
1M+5.60%
6M+7.94%
1Y+6.17%
5Y-16.17%
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Latest news about Powergrid Infrastructure
POWERGRID Secures TBCB Transmission Project Bid and Letter of Intent for Fatehgarh-II Synchronous Condenser Project 4 days ago
POWERGRID has won a bid for a transmission project under the TBCB framework and received a Letter of Intent for the Fatehgarh-II synchronous condenser project under the BOOT model. The TBCB mechanism enables competitive selection of transmission developers, while the BOOT model governs the build, ownership, operation, and eventual transfer of the Fatehgarh-II asset. These announcements highlight POWERGRID's ongoing expansion in India's transmission infrastructure segment.
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More news about Powergrid Infrastructure
01Jul 26
POWERGRID Acquires Special Purpose Vehicle for WR-ER Transmission Project Through TBCB Route
POWERGRID has acquired a Special Purpose Vehicle (SPV) for a transmission project connecting India's Western Region and Eastern Region through the Tariff Based Competitive Bidding (TBCB) route. The acquisition reflects the company's continued engagement in competitively bid inter-regional transmission projects. The SPV structure is a standard mechanism in India's power sector for developing and operating dedicated transmission assets. This development reinforces POWERGRID's role in expanding the country's inter-regional power transmission network.
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01Jul 26
PGInvIT Annual Report FY 2025-26: ₹12,966mn Income, AAA Ratings, ₹12/Unit Distribution
POWERGRID Infrastructure Investment Trust filed its FY 2025-26 Annual Report reporting consolidated income of ₹12,966 million, EBITDA of ₹12,096 million (93% margin), and NDCF of ₹10,906 million, translating to a distribution of ₹12 per unit. All five ISTS SPVs maintained availability above 98%, and the Trust retained AAA credit ratings from CARE, CRISIL, and ICRA. The Trust's enterprise value stood at ₹86,718 million as independently valued by INMACS Valuers, and the Board approved in-principle formation of a TBCB consortium with POWERGRID for projects aggregating ~₹500 crores.
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24Jun 26
PGInvIT appoints K Nagraj Bhat as CEO of Investment Manager
PGInvIT's Investment Manager, POWERGRID Unchahar Transmission Limited (PUTL), has appointed Shri K Nagraj Bhat as Chief Executive Officer effective June 23, 2026. Bhat, a former Chief General Manager at Power Grid Corporation of India Limited (POWERGRID), brings over 30 years of experience in the power transmission sector. His career spans commercial operations, project implementation, and strategic planning, including securing multilateral financing from ADB, World Bank, and KfW.
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16Jun 26
Powergrid Infrastructure Investment Trust accepts resignation of Neela Das as CEO of Investment Manager PUTL
Neela Das resigned as CEO of POWERGRID Unchahar Transmission Limited, the Investment Manager to Powergrid Infrastructure Investment Trust, effective June 15, 2026. The resignation follows a transfer order from Power Grid Corporation of India Limited.
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26May 26
PGInvIT FY26 NDCF ₹10,906 mn; FY27 guidance ₹12
PGInvIT reported FY26 NDCF of ₹10,906 mn and declared a Q4 distribution of ₹3 per unit, totaling ₹12 per unit for the fiscal year. The trust maintains a distribution guidance of ₹12 per unit for FY27 and holds AAA ratings from major agencies.
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16May 26
PGInvIT Board Approves FY26 Results, Declares ₹3.00 Per Unit Distribution; NAV at ₹90.79
POWERGRID Infrastructure Investment Trust (PGInvIT) board approved audited FY26 financial results and declared a ₹3.00 per unit distribution comprising interest, dividends, capital repayment, and treasury income. The NAV as on March 31, 2026 is ₹90.79 per unit, based on independent DCF valuation by INMACS Valuers at an 8.00% WACC across all five SPVs with a combined enterprise value of ₹86,717.89 Mn.
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29Apr 26
POWERGRID Infrastructure Investment Trust Receives SEBI Relaxation from Corporate Governance Norms Until September 2026
SEBI has granted POWERGRID Infrastructure Investment Trust regulatory relaxations from corporate governance norms and unitholder nominee director provisions through its letter dated April 29, 2026. The relief includes exemption from board nomination rights provisions until September 30, 2026, and relaxation from strict compliance with corporate governance norms related to independent directors until June 30, 2026, providing operational flexibility to the trust.
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13Apr 26
POWERGRID Infrastructure Investment Trust Reports Zero Pending Investor Complaints for Q4 FY26
POWERGRID Infrastructure Investment Trust filed its Q4 FY26 investor complaints statement showing exemplary grievance resolution performance. The trust received 1 complaint during the quarter and resolved it within 1 working day, maintaining zero pending complaints. For the full FY 2025-26, PGInvIT handled 3 total complaints, all resolved within 1 working day, demonstrating efficient investor service standards under SEBI InvIT regulatory framework.
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13Apr 26
POWERGRID Infrastructure Investment Trust Files Q4 FY26 Unitholding Pattern with Stock Exchanges
POWERGRID Infrastructure Investment Trust filed its Q4 FY26 unitholding pattern showing 90,99,99,200 total outstanding units. Sponsor group holds 15.00% while public holding accounts for 85.00%. Individual investors form the largest category at 43.82%, followed by institutional investors at 28.03%. The filing complies with SEBI InvIT regulations and demonstrates a diversified investor base.
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17Feb 26
POWERGRID Infrastructure Investment Trust Receives Partial SEBI Regulatory Relaxation
POWERGRID Infrastructure Investment Trust received partial regulatory relief from SEBI on February 16, 2026, with relaxation granted till March 31, 2026 from unitholder nominee director provisions under SEBI Circular dated September 11, 2023. However, SEBI denied extension of relaxation from corporate governance norms regarding independent director requirements for investment manager PUTL. As a government company subsidiary of Power Grid Corporation of India Limited, PUTL requires Ministry of Power approval for independent director appointments and remains in continuous coordination with the ministry.
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16Feb 26
PGInvIT Declares ₹3 Per Unit Distribution for Q3FY26, Reports Strong Operational Performance
PGInvIT declared ₹3 per unit distribution for Q3FY26, marking its 18th consecutive quarterly payout since listing. The trust reported consolidated income of ₹3,249 million and NDCF of ₹2,614 million, with transmission assets maintaining 99.75%+ availability. Cumulative distributions reached ₹55.50 per unit, with management reaffirming ₹12 per unit commitment for FY26. The trust announced consortium formation with POWERGRID for TBCB projects worth ₹500 crores while highlighting long-term growth opportunities worth ₹9.16 lakh crores in the transmission sector.
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10Feb 26
POWERGRID Infrastructure Investment Trust Releases Q3FY26 Investor Presentation
POWERGRID Infrastructure Investment Trust has released its comprehensive Q3FY26 investor presentation covering financial results, operational performance, and strategic outlook. The trust declared ₹3.00 per unit distribution with strong operational metrics showing >98% availability across all assets and outlined significant growth opportunities including consortium bidding for TBCB projects worth ₹500 crore.
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06Jan 26
POWERGRID Infrastructure Investment Trust Maintains Zero Pending Complaints in Q3FY26
POWERGRID Infrastructure Investment Trust filed its Q3FY26 investor complaints statement showing zero pending complaints at quarter-end. The trust received one complaint during the quarter ended December 31, 2025, which was resolved within one working day. For FY2025-26 up to December 31, 2025, PGInvIT received two complaints, both resolved within one working day, demonstrating excellent investor service standards and regulatory compliance.
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06Jan 26
POWERGRID Infrastructure Investment Trust Releases Q3FY26 Unitholding Pattern Under SEBI Regulations
POWERGRID Infrastructure Investment Trust disclosed its Q3FY26 unitholding pattern showing total outstanding units of 909,999,200. Sponsor group holds 15.00% stake while public holding accounts for 85.00%. Institutional investors represent 29.29% with mutual funds leading at 11.24%, followed by pension funds at 7.29%. Individual investors constitute the largest category at 40.81% of total units.
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20Nov 25
POWERGRID Infrastructure Investment Trust Reports Robust Financial Performance in Q2
POWERGRID Infrastructure Investment Trust (PGInvIT) released its Q2 and H1 FY results, showing robust performance. Key highlights include a 94% EBITDA margin, 88% net profit margin, and a low debt-equity ratio of 0.14. The trust maintained a distribution per unit of ₹3.00 for Q2, with a total of ₹6.00 for H1. PGInvIT's net worth increased to ₹76,452.35 million, and it reported a strong liquidity position with a current ratio of 37.50 and an asset cover of 9.11.
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12Nov 25
POWERGRID Infrastructure Investment Trust Announces ₹3 Per Unit Distribution for Q2 FY26
Powergrid Infrastructure Investment Trust (PGInvIT) reported strong Q2 FY26 results with ₹3,267 million total consolidated income. The trust declared its 17th consecutive quarterly distribution of ₹3 per unit. PGInvIT's unitholder base grew from 15,000 at IPO to over 200,000. The board approved forming a consortium with POWERGRID to participate in up to two TBCB projects with an estimated cost of ₹500 crores, where PGInvIT will hold a 74% stake.
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07Nov 25
POWERGRID Infrastructure Investment Trust Reports Strong Q2 and H1 FY26 Performance
POWERGRID Infrastructure Investment Trust (PGInvIT) released its Q2 and H1 FY26 investor presentation, showing robust financial results. The trust maintains 11 transmission lines and 3 substations with over 98% availability. Q2 total income was ₹3,267 million, with ₹3,340 million in SPV Net Distributable Cash Flow. H1 total income reached ₹6,517 million. PGInvIT maintains AAA credit ratings and has distributed ₹252.50 per unit since IPO. The trust is exploring acquisition opportunities, including potential consortium arrangements with POWERGRID for projects worth ₹500 crores.
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14Aug 25
POWERGRID Infrastructure Investment Trust Reports Steady Q1 Performance, Announces ₹3.00 Per Unit Distribution
Powergrid Infrastructure Investment Trust (PGInvIT) announced Q1 financial results with consolidated income of ₹3,250 million. The trust declared a distribution of ₹3 per unit, maintaining its ₹12 per unit annual guidance. PGInvIT's portfolio includes 11 transmission lines and 3 substations, with average availability exceeding 98%. The trust is exploring growth through TBCB projects, state transmission asset monetization, and ongoing project implementation.
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08Aug 25
POWERGRID Infrastructure Investment Trust Reports Strong Q1 Performance with ₹12 Per Unit Distribution Guidance
Power Grid Infrastructure Investment Trust (PGInvIT) released its quarterly results, showing strong performance across its transmission assets. The trust achieved over 98% average availability for its 11 transmission lines and three substations. Financial highlights include total income of ₹2,758.00 million and Net Distributable Cash Flow of ₹3,250.00 million at SPV level. PGInvIT announced a distribution guidance of ₹12.00 per unit. The trust is pursuing growth through a ₹25.00 crore expansion project at Parli substation and exploring acquisitions worth around ₹500.00 crores.
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05Aug 25
POWERGRID Infrastructure Investment Trust Declares Rs 3.00 Per Unit Distribution
Power Grid Infrastructure Investment Trust (PGInvIT) reported consolidated total income of Rs 3,250.24 million and profit after tax of Rs 1,907.55 million. The trust approved a distribution of Rs 3.00 per unit, comprising interest, dividends, debt repayment, and treasury income. PGInvIT maintains 100% equity in five transmission companies and holds AAA ratings from CRISIL, ICRA, and CARE. Kala Amb Transmission Limited, a subsidiary, has filed a tariff petition for its RTM project.
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30Jul 25
POWERGRID and PGInvIT Join Forces for Rs. 500 Crore TBCB Projects
Power Grid Corporation of India Limited (POWERGRID) and POWERGRID Infrastructure Investment Trust (PGInvIT) have formed a strategic consortium to bid for Tariff Based Competitive Bidding (TBCB) projects. POWERGRID will be the Lead Partner, with PGInvIT as the Other Partner. The consortium plans to bid for up to two TBCB projects with an estimated total cost of Rs. 500.00 crore. PGInvIT's participation will be through a holding company or other permissible arrangement. This collaboration combines POWERGRID's experience with PGInvIT's investment capabilities for power infrastructure development.
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Powergrid Infrastructure
99.15
+0.50
(+0.51%)
1 Year Returns:+6.17%
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