Power Grid Corporation of India Limited has informed the Exchange about Investment approval by Committee of Directors on Investment on Projects of POWERGRID.
POWERGRID · price
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Power Grid Corporation's Committee of Directors on Investment on Projects approved two new investments on September 26, 2025. The first is a PAN-India VOIP Communication system for grid operations across all five regions (North, North-East, South, West, East) at an estimated cost of ₹209.68 Crore, to be commissioned within 18 months (by August 23, 2026). The second is procurement of 20 sets (300 towers) of Emergency Restoration System (ERS) under the Make in India initiative for disaster preparedness of transmission infrastructure, at an estimated cost of ₹495.83 Crore, to be commissioned by April 19, 2027. Combined investment is approximately ₹705.51 Crore. Both projects support the company's core transmission business — one for modernizing grid communication and the other for emergency response readiness.
Routine capex approval aligned with POWERGRID's core transmission mandate; modest in scale relative to the company's overall net worth, so limited direct stock price impact, but reinforces the ongoing infrastructure investment pipeline and grid resilience focus.