Cabinet Boosts POWERGRID’s Investment Power to ₹7,500 Cr per Subsidiary

New Delhi, February 24, 2026: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi, has approved an enhanced delegation of powers for POWERGRID, India’s largest electricity transmission company.

Under the updated approval, POWERGRID’s permissible equity investment per subsidiary has been raised from ₹5,000 crore to ₹7,500 crore, while the overall cap remains at 15% of the company’s net worth, as per the existing guidelines for Maharatna Central Public Sector Enterprises (CPSEs) issued by the Department of Public Enterprises in 2010.

This move is aimed at strengthening POWERGRID’s capacity to invest in high-value transmission projects, including the evacuation of renewable energy and expansion of Ultra High Voltage Alternating Current (UHVAC) and High Voltage Direct Current (HVDC) networks. By enabling the company to participate in capital-intensive projects, the decision supports India’s ambitious goal of achieving 500 GW of non-fossil-based power capacity.

The enhanced investment limit also promotes greater competition in Tariff-Based Competitive Bidding (TBCB) for critical transmission projects. This is expected to improve price discovery and contribute to the availability of affordable and clean electricity for consumers across the country.

A statement from the Department of Public Enterprises emphasized that the approval is in line with strategic national priorities, ensuring that Maharatna CPSEs like POWERGRID can take timely investment decisions in line with emerging energy infrastructure needs.

About POWERGRID:
POWERGRID, a Maharatna CPSE under the Ministry of Power, is India’s largest and most experienced power transmission company, operating a vast grid network that spans the country. The company plays a pivotal role in ensuring reliable electricity supply and supporting India’s transition towards sustainable and renewable energy sources.