Power Grid Corporation of India Limited — Investor Meet, 01-04-2026: Analysts/Institutional Investor Meet/Con. Call Updates

POWERGRID reported strong performance, revising FY26 Capex guidance to 35,000+ Cr and capitalization to 25,000+ Cr, a new record. Future Capex targets are 37,000 Cr for FY27 and 45,000 Cr for FY28. The company is actively addressing execution challenges like Right-of-Way and skilled manpower, improving project timelines. Management sees a substantial 15 lakh Cr transmission opportunity by 2035, driven by renewable energy integration and growing demand from sectors like AI and EVs. SPV mergers are also underway for enhanced governance. Management expresses confidence in POWERGRID's capacity and financial strength to capitalize on this significant growth.