capex

NEP envisages Rs.4.76 trillion capex in power transmission

    The draft National Electricity Plan (NEP) has envisaged investment of around Rs.4.76 trillion in the power transmission sector during the five-year period from FY23 to FY27. Prepared by Central Electricity Authority (CEA), “National Electricity Plan (Draft): Read more

PGCIL approves fund raising through bonds

    The “Committee of Directors for Bonds” of Power Grid Corporation of India Ltd (PGCIL) has approved the raising of funds through issuance of non-convertible bonds. In a stock exchange communication, PGCIL said that the aforementioned committee that met on Read more

Interstate transmission to boost PGCIL’s capex plans

  Interstate power transmission projects are expected to dominate the long-term capex plans of Power Grid Corporation of India Ltd (PGCIL). Addressing an investor conference discussing PGCIL’s performance during Q1 of FY24, K. Sreekant, Chairman & Managing Director, PGCIL, said Read more

PGCIL will surpass FY24 capex target, says CMD

  Power Grid Corporation of India Ltd (PGCIL) will surpass the capital expenditure (capex) target for FY24, the company’s CMD said. Addressing an investor conference, K. Sreekant, Chairman & Managing Director, Power Grid Corporation of India Ltd, said that PGCIL Read more

PGCIL targets capitalization of over Rs.10,000 crore in FY23

  Power Grid Corporation of India Ltd (PGCIL) has targeted asset capitalization in the region of Rs.10,000 crore to Rs.12,000 crore in FY23, according to K. Sreekant, CMD, PGCIL. The top PGCIL official noted this while addressing an investor conference Read more

Vector Green Energy | T&D India

PGCIL plans to capitalize assets worth Rs.11,000 crore in FY23

  Power Grid Corporation of India Ltd (PGCIL) plans to capitalize assets worth Rs.11,000 crore in FY23, according to a company presentation. PGCIL’s capitalization target of Rs.11,000 crore is in excess of its capital expenditure (capex) target for FY23 that Read more

PGCIL General | T&D India

PGCIL board to approve fund-raising programme for FY23

The board of directors of Power Grid Corporation of India Ltd (PGCIL) is scheduled to meet soon to consider and approve the fund raising programme for the ongoing fiscal year, FY23. In a stock exchange filing, PGCIL said that Read more

PGCIL | T&D India

PGCIL tops power PSUs in FY22 capex target achievement

  Power Grid Corporation of India Ltd (PGCIL) has been the best performer amongst Central power PSUs, in terms of achievement of capex targets for FY22, a government release said. According to the release, PGCIL has achieved Read more

Godrej & Boyce | T&D India

Power PSUs meet 63.4 per cent of FY22 capex target, so far

  Central PSUs under the power ministry have met 63.4 per cent of their annual capex target for FY22, so far. According to a government release based on information tabled in Parliament, the annual capital expenditure (capex) target for all Read more

NTPC Switchyard UP Solar Vikram | T&D India

PGCIL to sharpen focus on intrastate transmission network

  Power Grid Corporation of India Ltd is planning to enlarge its role in the intrastate power transmission network upgrade, according to the company’s CMD, K. Sreekant. Addressing an investor conference after announcing the company’s financial results for FY21, the Read more