POWERGRID

PGCIL receives letter of intent for Kakinada ISTS-TBCB scheme

Power Grid Corporation of India Ltd (PGCIL) has received the letter of intent for developing an interstate transmission system (ISTS) scheme involving supply of RE power to upcoming green hydrogen projects in Kakinada, Andhra Pradesh. In a brief stock Read more

PGCIL keen to explore Africa PPP projects, domestic BESS opportunities

Power Grid Corporation of India Ltd (PGCIL) has identified PPP-related opportunities in African nations, and domestic energy storage projects, among its key areas, the company’s CMD said. At a very recent investor meet, Burra Vamsi Rama Mohan, Chairman & Read more

PGCIL’s joint venture with KETRACO incorporated in Kenya

A special purpose vehicle for implementation of the “Kenya Transmission PPP Project,” jointly promoted by Power Grid Corporation of India Ltd (PGCIL) and Africa50, has been incorporated in Kenya. In a brief stock exchange filing, PGCIL said that the Read more

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