Power Grid Corporation of India
Recent events
Recent events tied to this brand in public sources.
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2026
POWERGRID announces Q2FY2026-27 and H1FY2026-27 financial results
POWERGRID announced financial results for Q2FY2026-27 and H1FY2026-27. For Q2FY2026-27, it reported standalone profit after tax of Rs 3,819 crore and total income of Rs 11,900 crore; consolidated profit after tax was Rs 3,866 crore and total income was Rs 12,055 crore.
2026
Power Grid Corporation of India completes acquisition of Jam Khambhaliya REZ Transmission Limited
Power Grid Corporation of India Limited completed the acquisition of Jam Khambhaliya REZ Transmission Limited for approximately ₹19.22 crore on October 12, 2026, after being selected as the successful bidder under the Tariff Based Competitive Bidding process. The acquired company is a special purpose vehicle for an interstate transmission project in Gujarat intended to integrate about 6,500 MW of planned renewable energy capacity from the Jam Khambhaliya REZ Phase II and Jamnagar Phase I zones, with PFC Consulting Limited serving as bid process coordinator.
2022
PGInvIT acquires remaining stake in POWERGRID Vizag Transmission
PGInvIT acquired the remaining 26% equity shareholding in POWERGRID Vizag Transmission from Power Grid Corporation of India, bringing its ownership to 100%.
2021
POWERGRID wins the ATD 2021 BEST Award
POWERGRID was awarded the Association for Talent Development's 2021 BEST Award and ranked eighth among 71 organizations worldwide.
2021
Powergrid acquires BBTL project SPV
Power Grid Corporation of India Limited (Powergrid) acquired Bikaner-II Bhiwadi Transco Limited (BBTL), the project SPV for a transmission system project in Rajasthan, from PFC Consulting Limited.
2021
Power Grid agrees to acquire JPVL's stake in Jaypee Power Grid
Power Grid Corporation of India signed a share purchase agreement with Jaiprakash Power Ventures to acquire its 74% stake in Jaypee Power Grid for Rs 351.64 crore. The source states that Jaypee Power Grid will become a wholly owned subsidiary upon completion; it does not report completion.
2019
Power Grid acquired Bhuj-11 Transmission
Power Grid Corporation of India acquired Bhuj-11 Transmission, a project special purpose vehicle for a transmission system in Gujarat, from PFC Consulting.
2019
Power Grid Corporation of India acquires Fatehgarh-11 Transco
Power Grid Corporation of India acquired Fatehgarh-11 Transco, the project SPV for a transmission system associated with long-term access applications from Rajasthan SEZ Part-B.