Power Grid Corporation of India Limited has informed the Exchange about Investor Presentation
POWERGRID · price
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Power Grid shared an investor presentation highlighting its role as India's largest power transmission utility with ~84% share of the inter-regional transmission network. The company revised its FY26 capex guidance upward to ₹35,000 Cr (achieved ₹35,540 Cr, 102% of guidance) and capitalization guidance to ₹25,000 Cr (achieved ₹22,749 Cr, 91%). It outlined a multi-year capex plan of ~₹82,000 Cr for FY27-FY28 and projected capitalization of ~₹65,000 Cr for the same period, with FY29-FY36 averaging over ₹40,000 Cr in annual capex. Works in hand stand at over ₹1,48,000 Cr (including CWIP of ₹49,000 Cr), with a long-term pipeline opportunity of over ₹15 trillion. The company also announced SPV rationalization under Schemes A-D to consolidate subsidiaries into 4 entities for better governance.
The upward revision in FY26 capex and strong execution (102% achievement) signal robust growth momentum. The visible multi-year capex pipeline and large works-in-hand provide earnings visibility, while SPV consolidation could improve operational efficiency — overall positive for long-term shareholders.