State-owned Power Grid Corporation of India Ltd reported an 8.4% year-on-year increase in consolidated net profit to ₹3,866.16 crore for the September quarter of FY27. The company had posted a net profit of ₹3,566.08 crore in the corresponding quarter last year. Revenue from operations increased 2.97% to ₹11,816.22 crore from ₹11,475.95 crore a year earlier. […]
Power Grid Corporation of India Limited (POWERGRID) has fully commissioned its transmission project to evacuate power from Rajasthan’s Renewable Energy Zones (REZ), with a capacity of 20 GW, under Phase-III Part-C1. The state-owned transmission utility confirmed the development in a regulatory filing dated October 11, 2026. The project, titled “Transmission System for Evacuation of Power […]
Power Grid Corporation of India Limited (POWERGRID) has acquired Barmer HVDC Power Transmission Limited for about ₹18.98 crore. The acquisition gives POWERGRID 100% ownership of the project special purpose vehicle (SPV). POWERGRID completed the acquisition on September 23, 2026. It emerged as the successful bidder for the project under the Tariff Based Competitive Bidding (TBCB) […]
POWERGRID Transmission continued to maintain high network reliability, with average transmission system availability of more than 99.81%. The company operates 292 substations and more than 1,86,889 circuit kilometres (ckm) of transmission lines across India. POWERGRID Corporation of India Limited highlighted these operational achievements during its 37th Annual General Meeting (AGM) held virtually on August 20, […]
Officials from Nepal and India agreed to enhance cross-border electricity exchange and strengthen transmission infrastructure at the 17th Joint Technical Team meeting in Pokhara. Key decisions include preparing a Detailed Project Report (DPR) for the Chameliya–Jauljibi 220 kV line by November 2025 and operating the New Butwal–Gorakhpur 400 kV line at 220 kV initially. The […]
