POWERGRID is accelerating its transmission infrastructure expansion, with over INR 40,000 crore in targeted capex for FY27 and major renewable energy evacuation projects underway.

Nov 11, 2026

Power Grid Corporation of India Limited (POWERGRID) commissioned 2,616 circuit kilometres (ckm) of transmission lines and added 25,100 MVA of transformation capacity during H1 FY 2026–27. Key commissioning milestones included the 765 kV Koppal-II PS–Raichur, Bidar PS–Maheshwaram and Sikar-II–Khetri transmission lines.

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The company has increased its FY27 capex target from INR 37,000 crore to INR 40,000 crore, with capitalisation guidance of INR 25,000–30,000 crore. Its work-in-hand stands at approximately INR 2.2 lakh crore, which could increase to around INR 2.5 lakh crore with the addition of the Pang project. Management indicated that annual capex could remain above INR 40,000 crore in the coming years.

A major component of the company’s expansion strategy is its large-scale high-voltage direct current (HVDC) transmission project pipeline. POWERGRID has envisaged approximately 22 HVDC projects, covering a combined transmission capacity of around 127 GW, across domestic and international connectivity routes. These projects are expected to strengthen long-distance power transmission capabilities and facilitate the integration of renewable energy into the national grid.

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POWERGRID is also expanding into data centre infrastructure, with its pilot facility at Manesar fully ready for commercial introduction. Additionally, it is pursuing indigenous development of silicon carbide (SiC) MOSFET technology for HVDC applications.