POWERGRID

NERPSIP to fully commission by April 2026, only five elements pending

After missing several deadlines, the Centrally-sponsored North-Eastern Region Power System Improvement Project (NERPSIP) is expected to fully commission by end of April 2026, though the formal completion deadline has been declared as March 2027. According to latest statistics released Read more

CTUIL approves award of four transmission projects to PGCIL under RTM

Central Transmission Utility of India Ltd (CTUIL) has recently approved the allocation of four interstate transmission system (ISTS) projects to Power Grid Corporation of India Ltd (PGCIL), to be implemented under the regulated tariff mechanism Read more

Burra Vamsi Rama Mohan takes over as new CMD of PGCIL

Power Grid Corporation of India Ltd (PGCIL) has announced the appointment of Burra Vamsi Rama Mohan as its new Chairman & Managing Director (CMD), effective April 1, 2026. The term of appointment will be from April 1, 2026 till Read more

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

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