Mumbai, 2 February 2026 – Power Grid Corporation of India Limited (POWERGRID) announced strong operational and financial performance for Q3FY26 and 9MFY26, alongside strategic initiatives in renewable integration, international expansion, and advanced transmission technologies.
Key Highlights:
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Financials: Consolidated revenue of ₹35,714 crore, EBITDA ₹29,846 crore, and PAT ₹11,382 crore for 9MFY26. Gross fixed assets exceeded ₹3 trillion.
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Operations: 1,566 substations, 1,83,174 ckm transmission lines, and system availability at 99.84%, underscoring reliability.
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Projects: Commissioned multiple 765 kV & 400 kV transmission lines and substations; deployed Asia’s first 315 MVA, 400/220 kV transformer using synthetic ester oil.
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Renewables & Energy Storage: Renewables now account for 50% of total power consumption; awarded first 150 MW/300 MWh BESS project under BOO model at Kalikiri, Andhra Pradesh.
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International Expansion: POWERGRID entered Africa through PPP with Africa50, its first independent transmission project on the continent.
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CSR & ESG: Launched solar rooftops, Vishram Sadan patient facility, skill development initiatives, and advanced cancer care support; recognized for outstanding leadership in asset management and CSR.
POWERGRID also revised its FY26 Capex from ₹28,000 crore to ₹32,000 crore and capitalization from ₹20,000 crore to ₹22,000 crore, reflecting strong execution visibility.
With a strategic focus on grid modernization, renewables integration, and international expansion, POWERGRID continues to strengthen India’s transmission infrastructure and support the nation’s energy transition.