Power Grid Corp raises FY26 capex forecast to ₹32,000 cr
pre-market1 source ↓written by the desknot a recommendation
- for FY26
- ₹32,000 cr
- ₹28,000 cr
- in the next
- ₹37,000 cr
Power Grid Corporation of India has increased its capital expenditure forecast for FY26 to ₹32,000 cr, up from ₹28,000 cr. This adjustment reflects strong execution visibility following the award of seven Tariff-Based Competitive Bidding contracts. The government plans to boost investment in Power Grid to ₹37,000 cr in the next fiscal year, enhancing growth prospects for the company.
Not investment advice. For informational purposes only.