The push towards green energy received a structural boost today as the CCEA approved raising Powergrid’s per-subsidiary equity investment limit to ₹7,500 crore. Previously capped at ₹5,000 crore, this change—while preserving the 15% asset ratio—adheres to longstanding DPE guidelines for top PSUs.
For Powergrid, the implications are transformative. India’s transmission giant can now aggressively pursue mega-projects involving advanced UHVAC and HVDC technologies, essential for harnessing vast renewable capacities.
This aligns seamlessly with national goals, facilitating the 500 GW non-fossil fuel ambition by optimizing grid infrastructure for solar, wind, and other clean sources.
Market dynamics will sharpen too, with Powergrid better equipped for TBCB competitions, ensuring competitive tariffs and reliable, affordable power supply to millions.
Financially, the company is firing on all cylinders. Third-quarter FY25 results show standalone PAT at ₹4,160.17 crore, a solid 6.8% rise, backed by ₹11,005.28 crore in revenue.
The board’s nod for a 32.5% interim dividend (₹3.25/share) payable February 27, 2026, reflects confidence in sustained growth amid expanding operations.