A pivotal cabinet decision is set to supercharge India’s transmission network. CCEA, led by PM Modi, has elevated Powergrid’s subsidiary-wise equity investment threshold to ₹7,500 crore, from ₹5,000 crore, under the unchanged 15% total asset framework per DPE norms.
This empowers the Maharatna PSU to dive deeper into high-stakes transmission ventures, particularly UHVAC and HVDC systems that are game-changers for renewable evacuation.
By bolstering Powergrid’s capacity, the approval directly supports the 500 GW renewable target, enhancing grid efficiency and renewable utilization across the country.
TBCB bidding arenas will see fiercer competition, yielding optimal pricing that benefits consumers with cheaper, sustainable electricity.
Powergrid’s Q3 FY25 performance adds to the optimism: PAT soared 6.8% to ₹4,160.17 crore on revenue of ₹11,005.28 crore. A second interim dividend of ₹3.25 per share (32.5%) is slated for February 27, 2026, rewarding investors handsomely.