capex
PGCIL plans to capitalize assets worth Rs.11,000 crore in FY23
- Aug 17, 2022
Power Grid Corporation of India Ltd (PGCIL) plans to capitalize assets worth Rs.11,000 crore in FY23, according to a company presentation. PGCIL’s capitalization target of Rs.11,000 crore is in excess of its capital expenditure (capex) target for FY23 that Read more
PGCIL board to approve fund-raising programme for FY23
- Jul 1, 2022
The board of directors of Power Grid Corporation of India Ltd (PGCIL) is scheduled to meet soon to consider and approve the fund raising programme for the ongoing fiscal year, FY23. In a stock exchange filing, PGCIL said that Read more
PGCIL tops power PSUs in FY22 capex target achievement
- Jan 7, 2022
Power Grid Corporation of India Ltd (PGCIL) has been the best performer amongst Central power PSUs, in terms of achievement of capex targets for FY22, a government release said. According to the release, PGCIL has achieved Read more
Power PSUs meet 63.4 per cent of FY22 capex target, so far
- Dec 20, 2021
Central PSUs under the power ministry have met 63.4 per cent of their annual capex target for FY22, so far. According to a government release based on information tabled in Parliament, the annual capital expenditure (capex) target for all Read more
PGCIL to sharpen focus on intrastate transmission network
- Jun 24, 2021
Power Grid Corporation of India Ltd is planning to enlarge its role in the intrastate power transmission network upgrade, according to the company’s CMD, K. Sreekant. Addressing an investor conference after announcing the company’s financial results for FY21, the Read more
PGCIL adds 3 GW of interregional capacity in FY21, achieves capex target
- Jun 19, 2021
Power Grid Corporation of India (PGCIL) added around 3 GW of interregional power transfer capacity in FY21, the Central PSU said in a recent investor presentation. The 3 GW (or 3,000 mw) of interregional (IR) capacity added in FY21 Read more
PGCIL’s capitalization outpaces capex in FY21
- Mar 8, 2021
During the first three quarters of FY21, Power Grid Corporation of India Ltd (PGCIL) undertook cumulative capital expenditure of Rs.7,942 crore. However, its capitalization was much higher. According to a recent investor presentation, PGCIL made capital expenditure of Rs.7,942 Read more
PGCIL achieves asset capitalization of over Rs.10,000 crore in Q2 FY21
- Nov 13, 2020
Power Grid Corporation of India Ltd (PGCIL) has commissioned assets worth Rs.10,709 crore during the second quarter (July to September) of FY21. This, according to industry observes, could be amongst the highest capitalization achieved by PGCIL in any single Read more
PGCIL estimates works in hand at over Rs.50,000 crore
- Aug 27, 2020
Power Grid Corporation of India (PGCIL) has estimated that it currently has works on hand worth Rs.51,000 crore, which will be the backbone of its capital expenditure plan for the coming years. According to an investor presentation of PGCIL Read more
FM urges CPSEs to honour capex programmes
- Jul 24, 2020
Union Minister for Finance & Corporate Affairs Ms Nirmala Sitharaman, in a video conference with some Central public sector enterprises (PSE), encouraged them to spend their capital outlay for FY21 properly and within time. The Union finance minister was Read more