Gurugram: Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSU under the Ministry of Power, conducted its Analysts and Institutional Investors Meet on February 2, 2026, in Mumbai. The event was attended by Dr. R. K. Tyagi, CMD POWERGRID, along with G. Ravisankar, Director (Finance), Dr. Yatindra Dwivedi, Director (Personnel), Naveen Srivastava, Director (Operations), Vamsi Rama Mohan Burra, Director (Projects), and other senior officials.
The meeting provided an opportunity for stakeholders to gain insights into POWERGRID’s performance, strategy, and future outlook, following the release of Q3FY26 & 9MFY26 results.
Key Business Achievements
During the presentation, POWERGRID highlighted several milestones that demonstrate its strategic and operational growth:
- ₹3 Trillion+ Gross Fixed Assets supporting India’s National Transmission Backbone.
- FY26 Capex and Capitalization on track and poised to exceed annual guidance.
- International Expansion through partnership with Africa50, focusing on global transmission infrastructure collaboration.
- Entry into Battery Energy Storage Systems (BESS) with the first win under the Build-Own-Operate (BOO) Model.
- Asia’s First Transformer Using Synthetic Ester Oil commissioned, showcasing innovation in eco-friendly technology.
Renewables Integration: Renewable energy now accounts for 50% of total power consumption, highlighting POWERGRID’s commitment to a sustainable energy future.
Transmission & Operational Strength
As of February 3, 2026, POWERGRID operates:
- 287 substations
- 1,83,174 circuit km transmission lines
- 5,99,516 MVA transformation capacity
Advanced automation, digital tools, and technological solutions have helped maintain transmission system availability above 99.84%.
Consolidated Financial Performance (9MFY26)
- Total Income: ₹35,714 Cr
- EBITDA: ₹29,846 Cr
- Profit After Tax (PAT): ₹11,382 Cr
- Net Worth: ₹98,906 Cr
- Debt-to-Equity Ratio: 59:41
Analyst and Investor Engagement
The meet provided analysts and investors with detailed insights into POWERGRID’s operational and financial strategies, including:
- Future expansion plans and international collaborations
- Investment in renewable energy and green technologies
- Capital expenditure and asset capitalization targets for FY26
- Strengthening India’s National Transmission Backbone and improving system reliability
This transparent engagement underscores POWERGRID’s commitment to stakeholder confidence and sustainable growth.
Future Outlook
With a strong foundation of assets, a clear strategy for renewable integration, and ongoing international collaborations, POWERGRID aims to remain at the forefront of India’s transmission sector while contributing to national energy security and sustainability goals.
