Power Grid Corpn.

Power Grid Corporation of India informed stock exchanges that its board will meet on 22 July 2026, to consider raising the borrowing limit for the current financial year to Rs 35,000 crore and to approve a borrowing plan of up to Rs 35,000 crore for the next financial year. The funding would come through domestic bonds on a private placement basis, and both proposals require shareholder approval at the upcoming annual general meeting. The trading window will remain closed until 48 hours after the June quarter results are declared.

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July 10 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWERGRID DECLARED SUCCESSFUL BIDDER FOR KRISHNAGIRI REZ PHASE-I TRANSMISSION PROJECT

Source text: ID:nNSE4wFSvK

Further company coverage: PGRD.NS

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July 9 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - DECLARED SUCCESSFUL BIDDER FOR INTER-STATE TRANSMISSION SYSTEM PROJECT

Source text: ID:nBSE8qCTLl

Further company coverage: PGRD.NS

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July 1 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - APPOINTS VENKATA SUBRAHAMANAYAM VALLURIE AS CFO

Source text: ID:nBSE1xm9hS

Further company coverage: PGRD.NS

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June 30 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER FINANCE - TRANSFERS KAKINADA I TRANSMISSION TO POWER GRID CORPORATION OF INDIA

• POWER FINANCE - CONSIDERATION FOR TRANSFER IS 205.1 MILLION RUPEES

Source text: ID:nBSE9WlsG0

Further company coverage: PGRD.NS

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June 26 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - APPROVES PROPOSAL TO INCREASE BORROWING LIMITS TO 2.20 TRILLION RUPEES

• POWER GRID CORP - BOARD APPROVES RAISING UP TO $500 MILLION VIA EXTERNAL COMMERCIAL BORROWINGS FROM BANK OF BARODA

• POWER GRID CORP - APPROVES 7.73 BILLION RUPEES INVESTMENT FOR UDUMALPET–MADURAI 400KV LINE UPGRADE TO BE COMPLETED BY AUG 11, 2028

Source text: ID:nNSEch6Pkh

Further company coverage: PGRD.NS

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June 23 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - TO AND APPROVE RAISING FOREIGN CURRENCY FUNDS THROUGH ECB OF UPTO $500 MILLION FROM DOMESTIC / FOREIGN BANK

Source text: ID:nBSE8Dyqt8

Further company coverage: PGRD.NS

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June 10 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID - APPROVES UPGRADATION OF SCADA SYSTEMS AT ESTIMATED COST OF 4.85 BILLION RUPEES

• POWER GRID - APPOINTS SHRI VENKATA S V AS CFO EFFECTIVE 01 JULY 2026

• POWER GRID - APPROVES UNSECURED TERM LOAN FACILITY OF JPY 80 BILLION FROM JBIC AND OTHERS

Source text: ID:nBSE2DSKkK

Further company coverage: PGRD.NS

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June 4 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID - POWERGRID BOARD TO CONSIDER FUND RAISING VIA UNSECURED TERM LOAN ON JUNE 10, 2026

Source text: ID:nBSE9GJR8x

Further company coverage: PGRD.NS

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May 15 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• Q4 CONSOL PROFIT 45.46 BILLION RUPEES

• Q4 CONSOL REVENUE FROM OPERATIONS 116.66 BILLION RUPEES

• DIVIDEND OF 1.25 RUPEES PER SHARE

• TO RAISE UP TO 50 BLN RUPEES VIA UNSECURED TERM LOAN OR LINE OF CREDIT

Further company coverage: PGRD.NS

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HANOI, May 3 (Reuters) - The Asian Development Bank on Sunday announced a $70 billion programme to expand energy and digital infrastructure across the Asia-Pacific region by 2035, aiming to strengthen power grid links, boost cross-border electricity trade and increase broadband access.

ADB President Masato Kanda said energy and digital connectivity would underpin the region's long-term growth as demand rises and technological change accelerates.

"By linking power grids and digital networks across borders, we can lower costs, expand opportunity and bring reliable power and digital access to hundreds of millions of people," Kanda said in a statement.

• The plan includes $50 billion for a new Pan‑Asia Power Grid Initiative (PAGI) and $20 billion for technology and digital connectivity projects, the bank said.

• Under PAGI, ADB aims to integrate about 20 gigawatts of renewable energy across borders, build 22,000 circuit-kilometres of transmission lines and improve electricity access for 200 million people by 2035. It expects the initiative to cut regional power-sector emissions by around 15%.

• ADB plans to finance about half of the power grid initiative from its own resources, with the remainder coming from co-financing, including private investment.

• The remaining $20 billion will be mobilised through the Asia‑Pacific Digital Highway to support fibre-optic networks, subsea cables, satellite links and regional data centres.

• The digital programme aims to provide first-time broadband access to 200 million people and improve connectivity for another 450 million by 2035, reducing costs in remote areas by about 40% and creating up to 4 million jobs.

• ADB expects to finance $15 billion of the digital initiative itself.

(Reporting by Phuong Nguyen; Editing by Christopher Cushing)

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April 30 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - TO RAISE FUNDS UP TO 40 BILLION RUPEES

• POWER GRID CORP - RAISING OF FUNDS VIA RUPEE TERM LOAN/LINE OF CREDIT FROM STATE BANK OF INDIA

Source text: ID:nnAZN4STOEZ

Further company coverage: PGRD.NS

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April 1 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - APPOINTS BURRA VAMSI RAMA MOHAN AS CHAIRMAN & MANAGING DIRECTOR EFFECTIVE APRIL 1, 2026

Source text: ID:nBSE2QdP7M

Further company coverage: PGRD.NS

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March 23 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• REVISES FY26 CAPEX GUIDANCE TO 350 BILLION RUPEES FROM 320 BILLION RUPEES

• REVISES FY26 CAPITALIZATION GUIDANCE TO 250 BILLION RUPEES FROM 220 BILLION RUPEES

• ACHIEVED FY26 CAPEX OF 355.40 BILLION RUPEES AS OF MARCH 22

Source text: ID:nNSE74Kwkt

Further company coverage: PGRD.NS

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March 12 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - POWERGRID BUYS NES PUNE EAST NEW TRANSMISSION LIMITED

• POWER GRID CORP - NPENTL BOUGHT FOR AGGREGATE VALUE OF 80.5 MILLION RUPEES

Source text: ID:nBSE5jwpvS

Further company coverage: PGRD.NS

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March 11 (Reuters) - Railtel Corp RAIT.NS:

• RECEIVES LOI FROM POWER GRID CORP FOR 1.15 BILLION RUPEES

Source text: ID:nnAZN4SKNIR

Further company coverage: RAIT.NS

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March 9 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWERGRID TO RAISE UP TO 50 BILLION RUPEES VIA LOAN FROM UNION BANK OF INDIA

• APPROVES 2.34 BILLION RUPEES INVESTMENT FOR SECURITY OPERATIONS CENTER

• APPROVES IN PRINCIPLE DIVESTMENT OF CTUIL EQUITY TO GRID-INDIA

• POWERGRID APPROVES STRATEGIC ALLIANCE FOR TRANSMISSION PROJECT IN UGANDA

Source text: ID:nBSE3Brk7R

Further company coverage: PGRD.NS

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March 2 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• SEBI GRANTED RELAXATION SOUGHT BY COMPANY FOR CERTAIN REGULATIONS

Source text: ID:nBSE1WLTJT

Further company coverage: PGRD.NS

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Feb 24 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWERGRID NARELA TRANSMISSION HAS SUCCESSFULLY COMMISSIONED PROJECT

Source text: [ID:]

Further company coverage: PGRD.NS

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By Nikunj Ohri and Sarita Chaganti Singh

NEW DELHI, Feb 18 (Reuters) - India has begun easing its restrictions on buying Chinese equipment after a deadly 2020 border clash, allowing state-run power and coal companies to start limited imports as shortages and project delays mount, two government officials told Reuters.

This is the first significant easing of five-year-old curbs that have largely shut Chinese firms out of India's $700 billion-$750 billion government contract market.

Reuters reported in January that India is examining broader relaxations on Chinese bidders for government contracts as border tensions ease.

Since the 2020 clash, New Delhi has required Chinese bidders to register with a government panel and secure political and security clearances before competing for any state contract.

INTER-MINISTERIAL PANEL TO DECIDE FUTURE EXEMPTIONS

India has now allowed state-run entities to procure a power-transmission component from China without government approval.

It is weighing a similar, time-bound exemption for key coal-sector equipment, the two officials said.

The exemption was granted in the "national interest," as blocking Chinese imports would hurt India's manufacturing capability, one of the officials said.

A panel of top bureaucrats has approved the waiver, with a formal order expected soon, the two sources said.

The easing follows repeated requests from government departments facing shortages and project delays under the 2020 restrictions, both officials said.

India may allow case‑by‑case imports of critical Chinese equipment rather than fully reopen procurement, the officials said.

STRICT RULES HIT CAPACITY ADDITION

Since the border standoff, strained India-China ties have slowed the exchange of capital, technology and talent.

New project awards to Chinese bidders fell 27% to $1.67 billion in 2021 from a year earlier, a 2024 Observer Research Foundation report said.

India aims to add 500 GW of non‑fossil capacity by 2030, but execution delays and transmission bottlenecks persist.

Power transmission projects face a roughly 40% shortfall in transformers and reactors over the next three years, the second official said.

SHIFT COMES AS INDIA, CHINA REBUILD COMMERCIAL TIES

Such time‑bound exemptions would follow talks with ministries and security agencies, given concerns that low Chinese bids could undercut domestic firms, they added.

The finance, external affairs, industries, home, power and coal ministries did not immediately respond to Reuters' requests for comment.

The calibrated shift comes as India and China work to rebuild commercial ties, after U.S. President Donald Trump imposed a 50% tariff on Indian goods.

(Reporting by Nikunj Ohri and Sarita Chaganti Singh in New Delhi; Editing by Bernadette Baum)

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Feb 6 (Reuters) - Bajel Projects Ltd BAJL.NS:

• AWARDED 'LARGE' ORDER FROM POWERGRID CORPORATION OF INDIA

• ORDER VALUED BETWEEN 1 BILLION RUPEES AND 2 BILLION RUPEES

Source text: ID:nBSEbWbb01

Further company coverage: BAJL.NS

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Feb 4 (Reuters) - Power Finance Corp PWFC.NS:

• TWO UNITS OF PFC CONSULTING TRANSFERRED TO POWER GRID CORPORATION OF INDIA AND ENERICA INFRA 1

Source text: ID:nBSEnYV4q

Further company coverage: PGRD.NS

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Feb 3 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - POWERGRID BUYS SR AND ER POWER TRANSMISSION LIMITED

Source text: ID:nBSEbg4JYz

Further company coverage: PGRD.NS

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Feb 2 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• FY26 CAPEX GUIDANCE RAISED TO 320 BILLION RUPEES FROM 280 BILLION RUPEES

Further company coverage: PGRD.NS

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Jan 8 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWERGRID DECLARED AS SUCCESSFUL BIDDER UNDER TBCB

• PROJECT COMPRISES 400 KV D/C TRANSMISSION LINE TRAVERSING IN KARNATAKA

Source text: ID:nnAZN4RSWLD

Further company coverage: PGRD.NS

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Dec 30 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• CO SUCCESSFUL BIDDER FOR 2,000 MWH BATTERY ENERGY STORAGE PROJECT

Source text: ID:nBSEbdmh5N

Further company coverage: PGRD.NS

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Nov 17 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - APPROVES FUND RAISE UP TO 38 BILLION RUPEES

• POWER GRID CORP - APPROVED RAISING FUNDS VIA NON-CONVERTIBLE BONDS

Source text: ID:nBSE1CLkBG

Further company coverage: PGRD.NS

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By Sethuraman N R

NEW DELHI, Oct 6 (Reuters) - India's federal power regulator has admitted petitions filed by two renewable energy developers seeking compensation for financial losses incurred due to delays in setting up transmission infrastructure, according to regulatory filings.

The outcome could set a precedent for renewable energy developers facing transmission bottlenecks, as India accelerates its clean energy rollout.

In the filing posted over the weekend, the Central Electricity Regulatory Commission (CERC) is examining whether the Power Grid Corporation of India PGRD.NS and the Central Transmission Utility of India, the institutions responsible for setting up transmission infrastructure, should compensate developers for losses.

CERC has asked both to respond within six weeks.

The developers, ACME Solar ACMO.NS and AMPIN Energy, argued in separate petitions that they suffered financial losses due to their inability to transmit power from their solar projects due to delays in operationalising transmission infrastructure.

The Gurugram-based ACME Solar is seeking more than 210 million rupees in compensation, while AMPIN Energy did not specify its losses.

CERC has directed the Central Transmission Utility and Power Grid to submit details on the transmission system, commissioning timelines, and reasons for the delays.

The petitions are scheduled to be heard on November 27.

Power Grid and the Central Transmission Utility did not immediately respond to Reuters' email seeking comments.

India has been forced to curb solar output during periods of low demand to maintain grid stability and ease congestion, as renewable energy supply rises and transmission projects lag.

Rajasthan, India’s top green power-producing state, has seen nearly 4 gigawatts of clean energy curtailed, with estimated losses of up to 2.5 billion rupees ($28.16 million), according to the Rajasthan Solar Association.

($1 = 88.7875 Indian rupees)

(Reporting by Sethuraman NR; Editing by Harikrishnan Nair)

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Sept 30 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORPORATION OF INDIA LTD - DECLARED SUCCESSFUL BIDDER TO ESTABLISH INTER-STATE TRANSMISSION SYSTEM

Source text: ID:nNSE1y6syt

Further company coverage: PGRD.NS

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Sept 19 (Reuters) - Power Grid Corporation of India Ltd PGRD.NS:

• POWER GRID CORP - DECLARED AS SUCCESSFUL BIDDER UNDER TBCB

Source text: ID:nBSEbn1YvS

Further company coverage: PGRD.NS

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