Power Grid

PGCIL expects annual project pipeline of Rs.60,000 crore till FY36

Power Grid Corporation of India Ltd (PGCIL) expects that it will have a project pipeline of around Rs.60,000 crore per year over the next decade. Addressing an investor conference on March 23, 2026, R.K. Tyagi, Chairman & Managing Director, Read more

CERC grants transmission licence to SR-WR transmission scheme

Central Electricity Regulatory Commission (CERC), in a very recent order, has granted transmission licence to “SR WR Power Transmission Ltd,” a TBCB subsidiary of Power Grid Corporation of India Ltd (PGCIL) that is developing an interregional grid strengthening Read more

PGCIL raises FY26 capex guidance further to Rs.35,000 crore

Power Grid Corporation of India Ltd (PGCIL) has further upwardly revised its capital expenditure (capex) guidance for FY26 (full year) to Rs.35,000 crore. Interestingly, the Central PSU has already overshot this level, as of March 22, 2026. PGCIL, in Read more

PGCIL changes plan, will now merge 28 wholly-owned subsidiaries

Power Grid Corporation of India Ltd (PGCIL) has changed its earlier plan relating to merging its wholly-owned subsidiaries. The Central PSU will now merge 28 of them, instead of the earlier planned eleven. In a brief stock exchange disclosure, Read more

Two intrastate-TBCB schemes in Maharashtra transferred to winning developers

Bid process coordinator PFC Consulting Ltd (PFCCL), on March 12, 2026, formally transferred two intrastate transmission system (InSTS) schemes to their respective winners – Power Grid Corporation of India Ltd (PGCIL) and Montecarlo Ltd – Read more

PGCIL set to fully commission Kurnool RE evacuation scheme soon

Power Grid Corporation of India Ltd (PGCIL) is likely to fully commission soon an interstate transmission system (ISTS) scheme involving evacuation of renewable energy from Kurnool in Andhra Pradesh. Officially termed as “Evacuation of power from RE sources in Read more

Big three in the fray for South Kalamb TBCB transmission scheme

The three biggest transmission service providers are in the fray for the Rs.900-crore South Kalamb interstate transmission system (ISTS) scheme, under the TBCB framework. It is reliably learnt that bid process coordinator PFC Consulting Ltd (PFCCL) Read more

PGCIL’s equity investment limit in subsidiaries enhanced to Rs.7,500 crore

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved an enhanced limit of equity investment that Power Grid Corporation of India Ltd (PGCIL) can make in its subsidiaries. This enhanced Read more

PGCIL allotted four projects under RTM framework

Power Grid Corporation of India Ltd (PGCIL) has been allotted four projects under the regulated tariff mechanism (RTM) framework, covering the Eastern and Southern regional grids. These projects, with an aggregate cost of nearly 80 crore, were recently assigned Read more

PGCIL gets transmission licence for interregional-TBCB scheme

Central Electricity Regulatory Commission (CERC) has granted final transmission licence to “Vindhyachal Varanasi Transmission Ltd,” a TBCB subsidiary of Power Grid Corporation of India Ltd that is developing an interregional scheme involving the Northern and Western regional grids. In Read more