New Delhi’s economic decision-makers have handed Power Grid Corporation a major win. Under PM Modi’s leadership, the CCEA has hiked the equity investment cap per subsidiary to ₹7,500 crore from ₹5,000 crore, while keeping the 15% total asset limit intact.
This enhancement follows DPE’s 2010 delegation of powers for Maharatna firms, empowering Powergrid to scale up investments in its core transmission business.
As the nation’s premier grid operator, Powergrid stands to benefit immensely. The increased limit opens doors to bidding on capital-intensive projects like UHVAC and HVDC lines, vital for evacuating renewable power and meeting the 500 GW non-fossil target.
Enhanced competition in TBCB processes will drive efficient tariff discoveries, translating to cost savings for end-users and promoting cleaner energy access nationwide.
Complementing this policy shift, Powergrid’s latest quarterly numbers shine bright. Q3 FY25 standalone PAT jumped 6.8% year-on-year to ₹4,160.17 crore, with revenue hitting ₹11,005.28 crore.
Shareholders are in for a treat too, with the board greenlighting a ₹3.25 per share interim dividend, set for payout on February 27, 2026. Powergrid’s trajectory signals a robust future for India’s power infrastructure.