Power Grid Corporation of India Limited

Power Grid Corporation of India Limited has acquired Fatehgarh II Transmission Limited for approximately Rs 19.11 crore, including 10,000 equity shares at par, under a Tariff Based Competitive Bidding process to establish an inter-state transmission system for the installation of two synchronous condensers at Fatehgarh-II PS, according to a regulatory filing on August 28, 2026; Fatehgarh II Transmission Limited was incorporated on May 6, 2026, by PFC Consulting Limited (PFCCL) and is engaged in the transmission of power, a business consistent with Power Grid Corporation of India Limited's operations.

Power Grid Corporation of India Limited has acquired Krishnagiri REZ Transmission Limited for an aggregate value of about Rs 19.82 crore, including 10,000 equity shares at par at Rs 10 each, under a Tariff Based Competitive Bidding process, according to a regulatory filing on August 3, 2026; the acquisition involves the establishment of inter-state transmission system for “Transmission System for integration of Krishnagiri REZ Phase -I” on a build, own, operate and transfer (BOOT) basis and comprises the construction of 765kV & 400kV transmission lines traversing through Andhra Pradesh, Telangana & Karnataka, along with associated bays.

Powergrid announced that Rajesh Gupta has ceased to be an Executive Director (ED) of the company upon attaining the age of superannuation on July 31, 2026, according to a regulatory filing.

Powergrid Corp. Ltd. will hold a board meeting on Wednesday, August 5, 2026, to consider and approve the unaudited financial results for the first quarter ended June 30, 2026, in accordance with SEBI regulations. The company’s trading window has been closed since Wednesday, June 24, 2026, and will remain closed until Friday, August 7, 2026, reopening on Saturday, August 8, 2026.

Powergrid Corp. Ltd. will hold a board meeting on Wednesday, August 5, 2026, to consider and approve the unaudited financial results for the first quarter ended June 30, 2026, in compliance with SEBI regulations. The company’s trading window will remain closed from Wednesday, June 24, 2026, until Friday, August 7, 2026, and will reopen on Saturday, August 8, 2026.

Power Grid Corporation of India Limited has fixed Thursday, August 13, 2026, as the record date for determining entitlement to the final dividend for the financial year 2025-26 and for the 37th Annual General Meeting, scheduled for Thursday, August 20, 2026, at 11:00 A.M. (IST) via video conferencing or other audio-visual means, with payment of the dividend expected on or before Wednesday, September 16, 2026, if approved by shareholders.

POWERGRID’s Sustainability and Responsibility Report for fiscal year 2025-26 highlights the company’s commitment to ethical operations, stakeholder engagement, and community upliftment. The report emphasizes voluntary practices and responsible land acquisition, primarily utilizing government-owned land or willing buyer, willing seller transactions. A significant 72.62% of input materials are sourced from micro, small, and medium enterprises and within India, while 45.23% of total wage costs are allocated to rural employment. The company maintains a Unified Complaint Portal and Citizen's Charter for consumer feedback and has reported zero complaints related to data privacy, cyber security, and unfair trade practices, alongside zero data breaches. While the report details grievance redress mechanisms and CSR initiatives, it lacks specific quantitative data on environmental performance metrics such as energy consumption and emissions.

Power Grid Corporation of India Limited has acquired Bhadla Ramgarh Power Transmission Limited for approximately Rs 12.86 crore, including 50,000 equity shares at par, under a tariff-based competitive bidding process to establish an inter-state transmission system for augmentation at Bhadla-III, Ramgarh PS and Kanpur (PG) on a build, own, operate and transfer (BOOT) basis, as announced on July 29, 2026. The acquisition, facilitated by REC Power Development and Consultancy Limited (REC PDCL), involves bay extension works at substations in Rajasthan and Uttar Pradesh, and will require approvals from the Central Electricity Regulatory Commission.

Power Grid Corporation of India Ltd is up for a third straight session today. The stock is quoting at Rs 286.6, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.78% on the day, quoting at 24143.5. The Sensex is at 77416.56, down 0.94%. Power Grid Corporation of India Ltd has slipped around 1.09% in last one month. Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has slipped around 2.87% in last one month and is currently quoting at 39277, up 0.83% on the day. The volume in the stock stood at 55.8 lakh shares today, compared to the daily average of 96.86 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 287.6, up 1.37% on the day. Power Grid Corporation of India Ltd is down 3.5% in last one year as compared to a 3.78% slide in NIFTY and a 9.25% slide in the Nifty Energy index.The PE of the stock is 16.57 based on TTM earnings ending March 26.Powered by Capital Market - Live

The company has been awarded the 'Installation of 2 Nos. of Synchronous Condenser (SynCon) units at 765/400/220kV Fatehgarh-II PS' project under the tariff-based competitive bidding (TBCB) route on a build, own, operate and transfer (BOOT) basis. POWERGRID received the letter of intent (LoI) for the project on 17 July 2026. The project comprises the installation and commissioning of two synchronous condenser (SynCon) units at the 765/400/220 kV Fatehgarh-II pooling station, along with associated bays. Power Grid Corporation of India is a Maharatna CPSU and India's largest electric power transmission company. The company had reported a 9.7% YoY rise in consolidated net profit to Rs 4,546.33 crore in Q4 FY26, compared with Rs 4,142.87 crore in Q4 FY25. Revenue from operations declined 5% YoY to Rs 11,665.61 crore in the quarter ended 31 March 2026.Powered by Capital Market - Live