Power Grid FY26 Capex Surpasses Rs. 35,000 Crore

Power Grid revised FY26 capex guidance upward to Rs. 35,000+ crore and capitalization guidance to Rs. 25,000+ crore, both exceeding prior targets.
Multi-year capex guidance set at Rs. 45,000 crore for FY27, with capitalization targets of Rs. 30,000 crore (FY27) and Rs. 35,000 crore (FY28).
Total 10-year transmission investment opportunity estimated at Rs. 15 lakh crore, including domestic, HVDC, and international interconnection projects.
Merger of 19 SPVs into 2 SPVs received MCA approval; merger of 28 wholly owned subsidiaries into 2 under board approval and regulatory consideration.