Power Grid Increases FY26 Capital Expenditure Forecast to ₹35,000 Crore, Boosts Capitalisation Goal
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Power Grid Hikes FY26 Capex to ₹35,000 Crore, Boosts Capitalisation Target
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CNBC TV18•23-03-2026, 11:39
Power Grid Hikes FY26 Capex to ₹35,000 Crore, Boosts Capitalisation Target
•Power Grid Corporation of India Ltd increased its FY26 capital expenditure (capex) guidance to ₹35,000 crore from ₹32,000 crore.
•The company also revised its capitalisation target for FY26 to ₹25,000 crore, up from ₹22,000 crore.
•This upward revision follows strong execution, with capex already reaching ₹35,540 crore (102% of new guidance) and capitalisation at ₹22,749 crore (91% of revised target) as of March 22, 2026.
•Power Grid attributes its success to execution efficiency and adaptability in a challenging project environment, driven by rising power demand and renewable energy expansion.
•The company has a robust pipeline of over ₹1.48 lakh crore works in hand and projects a long-term opportunity exceeding ₹15 trillion in the transmission sector.
