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Power Grid Capitalization Rises Sharply, FY26 Guidance Upgraded Amid Project Execution Gains

POWER GRIDS & TRANSMISSION

In Q3FY26, Power Grid's project capitalization soared to ₹9,023 crore, significantly surpassing market expectations. This increase is attributed to new government guidelines facilitating land acquisition and project execution.

Consolidated Ebitda rose by approximately 6% year-on-year to ₹10,100 crore. The company revised its FY26 capex guidance to ₹32,000 crore and capitalization target to ₹22,000 crore. Despite facing challenges in transformer manufacturing capacity, Power Grid has plans for imports to meet requirements.

Power Grid Capitalization Rises Sharply, FY26 Guidance Upgraded Amid Project Execution Gains
Feb 5, 2026, 6:03 AM

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