Power Grid Corporation of India Limited (POWERGRID) has approved a major infrastructure investment to strengthen the reliability of the power transmission network. The decision was taken during the Board of Directors meeting held on March 19, 2026. The company has given investment approval for a project related to the procurement of cold spare transformers and reactors, as recommended in the 77th meeting of the Northern Regional Power Committee (NRPC).
The total estimated cost of the project is ₹705.30 crore. As per the official filing made under SEBI Listing Obligations and Disclosure Requirements, the project is expected to be completed within 30 months from the date of approval. The move is aimed at ensuring that critical spare equipment is readily available in case of any failure in the grid.
Cold spare transformers and reactors are essential backup components that help in reducing downtime during emergencies. Their availability improves grid stability and supports an uninterrupted power supply across regions.
The filing was signed by Satyaprakash Dash, Company Secretary and Compliance Officer of POWERGRID. Headquartered in Gurugram, the company plays a key role in managing India’s power transmission system and continues to invest in strengthening the national grid infrastructure.
Discover more from SolarQuarter
Subscribe to get the latest posts sent to your email.
