Power Grid Corporation of India Ltd (PGCIL) has recorded a 11 per cent year-on-year growth in capital expenditure (capex) during the first quarter (Q1: April to June) of FY27.
Siemens has formed a global strategic alliance with the Electric Power Group (EPG), based in Pasadena, USA, with a view to improving grid stability and resilience.
India’s transformation capacity addition during the first four months (4M: April to July) of FY27 was two-thirds of the planned quantum. Power Grid Corporation of India Ltd (PGCIL), with 16 GVA of new capacity, made the largest contribution to the national effort.