Power Grid Corporation of India Limited — Investor Meet, 12-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Power Grid hosted a Q2 FY26 webinar for investors. Half-year financials show Total Income at ₹23,115 Cr and PAT at ₹7,197 Cr. Capitalization is targeted at ₹20,000 Cr for FY26, with FY27 aiming for ₹25,000-₹26,000 Cr and FY28 for ₹28,000 Cr. Capex guidance for FY26 is ₹28,000-₹30,000 Cr, increasing to ₹35,000 Cr for FY27 and ₹45,000 Cr for FY28. Key projects include a Sasaram HVDC upgrade (₹3,440 Cr) and a potential AC network for the Leh-Ladakh project (₹30,000 Cr). Management addresses Right-of-Way challenges and sees strong growth opportunities, including the Brahmaputra basin.